SMB Morning Rundown for December 22, 2009

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Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 111.30(sup) and 111.70(res). Above 111.70, the next resistance level is around 112. Below 111.30, the next support level is 110.75.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy CTXS close to 40. Targets: 41.25.

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