SMB Morning Rundown – February 22, 2011

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Today, the Market appears set to open lower. The levels we are watching in the SPY are 133.23 and 134.00 (resistance), 133.00 (inflection), and 132.60 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to get short MCP as long as it is holding below 46.50.

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