QQQQ Morning Update

Wednesday, December 26, 2007, 7:55 AM EST

Closing prices: 52.24 +0.39 +0.75%
QQQQ in rally mode

Intermediate-term outlook (weekly chart): BEARISH
Short-term outlook (daily chart): BULLISH
Very short-term outlook (60-min chart): BULLISH
TODAY'S PRE-MARKET SENTIMENT (BASED ON NASDAQ FUTURES): NEUTRAL
Current QQQQ Price: 52.18 -0.06 -0.11%

Preceding day market actions:
None

Current open positions:
1. Bull Debit Call Spread (opened on 11/29/07)
Long QQQAV Jan 48 Call
Short QQQAY Jan 51 Call
Debit 2.12
2. Bull Debit Call Spread (opened on 12/06/07)
Long QQQAV Jan 48 Call
Short QQQAY Jan 51 Call
Debit 2.19
3. Bull Debit Call Spread (opened on 12/07/07)
Long QQQAV Jan 48 Call
Short QQQAY Jan 51 Call
Debit 2.30
4. Bull Debit Call Spread (opened on 12/21/07)
Long QQQAV Jan 48 Call
Short QQQAY Jan 51 Call
Debit 2.35

Alerts:
None