SMB Morning Rundown – February 22, 2010

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Today, the Market appears set to open higher. The levels we are watching in the SPY are 112.40(res) and 111.50(sup). Above 112.40, the next resistance level is 113.25. Below 111.50, the next support levels are 111, 110.50, and 110.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy WFMI above 34.05. Confirmation above 34.20. Tgts: 34.75, 36.00

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