QQQQ Morning Update

Monday, November 26, 2007, 8:50 AM EST

Closing prices:
QQQQ 49.84 +0.53 +1.07%
QQQQ added 1% in thin trading

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): BULLISH
Current QQQQ Price: 49.96 +0.12 +0.24%

Preceding day market actions:
None

Current open positions:
1. Bull Debit Call Spread (opened on 11/13/07)
Long QQQLV�Dec 48 Call
Short QQQLY Dec 51 Call
Debit 2.18
2. Bull Debit Call Spread (opened on 11/13/07)
Long QQQLU�Dec 47 Call
Short QQQLX�Dec�50 Call
Debit 2.317
3. Bull Debit Call Spread (opened on 11/19/07)
Long QQQLW Dec 46 Call
Short QQQLT Dec 49 Call
Debit 2.28
4. Bull Debit Call Spread (opened on 11/21/07)
Long QQQLW Dec 46 Call
Short QQQLT Dec 49 Call
Debit 2.18

Alerts:
None