QQQQ Morning Update

Friday, December 14, 2007, 8:55 AM EST

Closing prices: 51.50 -0.28 -0.54%
QQQQs found support

Intermediate-term outlook (weekly chart): BEARISH
Short-term outlook (daily chart): BULLISH
Very short-term outlook (60-min chart): BEARISH
TODAY'S PRE-MARKET SENTIMENT (BASED ON NASDAQ FUTURES): VERY BEARISH
Current QQQQ price:51.21 -0.29 -0.56%

Preceding day market actions:
None

Current open positions:
1. Opened Debit Call Spread (opened on 12/07/07)
BTO QQQAV Jan 48 Call
STO QQQAY Jan 51 Call
Debit 2.30
2. Bull Debit Call Spread (opened on 11/29/07)
Long QQQAV�Jan 48 Call
Short QQQLY�Jan 51 Call
Debit 2.12
3. Bull Debit Call Spread (opened on 12/04/07)
Long QQQQAU Jan 47 Call
Short QQQAX Jan 50 Call
Debit 2.10
4. Bull Debit Call Spread (opened on 12/06/07)
Long QQQAV Jan 48 Call
Short QQQAY Jan 51 Call
Debit 2.19
5. Bull Debit Call Spread (opened on 12/07/07)
Long QQQAV Jan 48 Call
Short QQQAY Jan 51 Call
Debit 2.30

Alerts:
None