SMB Morning Rundown – September 29, 2010

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Today, the Market appears set to open lower at the premarket lows but with a possible bounce back. The levels we are watching in the SPY are 115.00 and 115.80 (resistance) and 113.60 and below and 113.20 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to watch FFIV at 105 and 105.70 for a possible break out.

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