SMB Morning Rundown – March 8, 2011

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Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 132.00 and 132.50 (resistance) and 131.00 and 130.20 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to to get short MCP at 48.80 with a stop set above 49.00.

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