SMB Morning Rundown – March 15, 2010

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Today, the Market appears set to open slightly lower. The levels we are watching in the SPY are 115.00 (sup) and 115.60 (res). Below 115.00, the next support level is 114.50. Above 115.60, the next resistance level is 116.00.

Our best AM Idea for today, which we highlighted in our AM Meeting is to short AMLN at 24.00. Tgt: 22.00.

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