Closing prices:
QQQQ 54.26 +0.10 +0.18%
QQQQlittle changed ahead of the Fed
BULLISH FACTORS: positive comments on CSCO and from AAPL, RNWK beat estimates
BEARISH FACTORS: QQQQ deeply overbought
Intermediate-term outlook (weekly chart): BULLISH
Short-term outlook (daily chart): BEARISH
Very short-term outlook (60-min chart): BULLISH
TODAY'S PRE-MARKET SENTIMENT (BASED ON NASDAQ FUTURES):BULLISH
Current QQQQ pre-market price: 54.38 +0.12 +0.22%
Preceding day market actions:
None
Current open positions:
1. Credit Call Spread (opened on 5/04/07, rolled on 7/12/07, 9/5/07 and 10/10/07)
Long QUEKD QQQQ Nov 56
Short QQQKY QQQQ Nov 51
Net Credit 0.10
2. Credit Call Spread (opened on 9/07/07, rolled on 10/10/07)
Long QUEKD QQQQ Nov 56
Short QQQKY QQQQ Nov 51
Net Credit 1.09
3. Credit Call Spread (opened on 9/07/07, rolled on 9/20/07 and 10/17/07)
Long QUEKD QQQQ Nov 56 Call
Short QQQKY QQQQ Nov 51 Call
Net Credit 1.0849
4. Credit Call Spread (opened on 10/22/07)
Long QUEKE QQQQ Nov 57 Call
Short QQQKB QQQQ Nov 54 Call
Net Credit 0.70
Alerts:
None
Open the QQQQ main page for today's technical signals, reports and
charts:
http://www.optionsmart.com/osmembers/qqq/
The OptionSmart Team
qqq@optionsmart.com
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