Pinnacle Resources LP Issues the Firms Technical & Quantitative Alert for Nasdaq-100 Trust (QQQ), DIAMONDS Trust(DIA), & SPDR Trust (SPY).

Chicago, IL (PRWEB) August 16, 2003 - Pinnacle Resources LP Issues the Firms Technical & Quantitative Alert for QQQ, DIA, & SPY.

Pinnacle Resources LP (www.pinnacle-resources.net) reports its technical & quantitative model results for the following exchange traded funds for this week:

Nasdaq-100 Trust 1 (QQQ: AMEX); DIAMONDS Trust 1 (DIA: AMEX); SPDR Trust 1 (SPY: AMEX)

The firms proprietary quantitative and technical trading model has generated a 'long position for these ETFs based on their respective previous daily closing prices. The firms model generates a 'long position when it detects a positive trend developing in the historical price data series. For more detailed information, visit the equities and models sections of the firms website located at www.pinnacle-resources.net.

ABOUT PINNACLE RESOURCES LP

Pinnacle Resources LP is an independent equity and derivative securities research and trading firm that distributes daily and weekly market research reports. The strategy and methodology behind these reports reflects a consistent, concise, and disciplined approach to investment and trading analysis.

The firms proprietary quantitative trading model generates the positions that the firm produces and reports. The model is based on a quantitative research methodology designed to capture the characteristics of the trends that are present in the historical price data series.

Investors should be advised that no responsibility is assumed for the use of this material and no express or implied warranties or guarantees are made. The firm does not receive compensation from individuals or firms other than those that subscribe to its services. Facts, opinions and advice are current and are subject to change without notice. Nothing contained herein shall be construed as an offer to buy/sell any commodity, security, option or futures contract. The officers, employees, or managed accounts of Pinnacle Resources LP may have positions in the contracts or securities mentioned herein.

Pinnacle Resources LP
Chicago, IL
www.pinnacle-resources.net