SMB Morning Rundown – February 23, 2010

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Today, the Market appears set to open lower. The levels we are watching in the SPY are 111(res) and 109.80(sup). Above 111, the next resistance level is 111.50. Below 109.80, the next support level is 109.10

Our best AM Idea for today, which we highlighted in our AM Meeting is to short NVDA below 16.50. Tgt: 16.00

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