SMB Morning Rundown for January 5, 2010

smbcapitalGeneral Comments, Trading IdeasLeave a Comment

Today, the Market appears set to open virtually unchanged. The levels we are watching in the SPY are 113.10(sup) and 113.40(res). Below 113.10, the next support level is 112.80. Above 113.40, we could see upside to 114.10.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy RIMM close to 66.50. Tgts: 67.20, 68.00

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