SMB Morning Rundown – October 29, 2010

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Today, the Market appears set to open slightly lower. The levels we are watching in the SPY are 119.20 (resistance), 118.80 (resistance), 118 (inflection), 117.80 and 117.20 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to get long LVS as long as it is holding above 45.00.

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