SMB Morning Rundown – March 4, 2010

smbcapitalTrading IdeasLeave a Comment

Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 112.75(res) and 112(sup). Above 112.75, the next resistance level is 113. Below 112, the next support levels are 111.70 and 111.20.

Our best AM Idea for today, which we highlighted in our AM Meeting is to short RIMM on break below 70.50. Tgt: 68.25.

Don’t forget to follow us on Twitter!

Leave a Reply