QQQQ Morning Update

Wednesday, November 14, 2007, 8:40 AM EST

Closing prices:
QQQQ 50.74 +2.01 4.12%
QQQQ found support

Intermediate-term outlook (weekly chart): BEARISH
Short-term outlook (daily chart): BEARISH
Very short-term outlook (60-min chart): BULLISH
TODAY'S PRE-MARKET SENTIMENT (BASED ON NASDAQ FUTURES): BEARISH
Current QQQQ pre-market price: 51.16 +0.42 +0.83%

Preceding day market actions:

Closed all Bearish Credit Call Spreads
Bought to Close QQQKY QQQQ Nov 51 Call at 0.24 and 0.48

Current open positions:
Long QUEKD QQQQ Nov 56 (NO BIDS)

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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