SMB Morning Rundown – February 12, 2010

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Today, the Market appears set to open lower. The levels we are watching in the SPY are 107.80(res) and 107(sup). Above 107.80, the next resistance level is 108.25. Below 107, the next support levels are 106.50 and 105.80.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy RIMM on a pullback close to 69.40. Tgt: 71.65

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