SMB Morning Rundown – May 11, 2010

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Today, the Market appears set to open lower. The levels we are watching in the SPY are 117.50(res) and 115.10(sup). Above 117.50, the next resistance levels is 118.50. Below 115.10, the next support level is 111.60

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy VTR on a break above 49.40.

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