SMB Morning Rundown – April 16, 2010

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Today, the Market appears set to open lower. The levels we are watching in the SPY are 121.00(res) and 120.00(sup). Above 121.00, the next resistance level is 121.50. Below 120.00, the next support level is 118.85.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy FSLR if holding above 139. Tgt: 141,142.

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