SMB Morning Rundown for December 31, 2009

smbcapitalGeneral Comments, Trading IdeasLeave a Comment

Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 112.50(sup) and 113(res). Below 112.50, the next support level is 112. Above 113, we could see upside to 113.40.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy SEED close 12.10. Add to the long above 13.20. Tgt: 14.50.

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