SMB Morning Rundown for December 17, 2009

smbcapitalGeneral Comments, Trading IdeasLeave a Comment

Today, the Market appears set to open lower. The levels we are watching in the SPY are 110.50(sup) and 111(res). Above 111 we see upside to 111.40. Below 110.50, the next support level is 110.25.

Our best AM Idea for today, which we highlighted in our AM Meeting is short AMZN at 129.35. Tgt: 127.70

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