SMB Setup for the Close for December 1, 2009

smbcapitalGeneral CommentsLeave a Comment

Today, the Market rallied and found resistance around SPY 111.60. The levels we are watching into the Close are 111.20 for support and 111.60 for resistance. Below 111.20, we expect a move down to 110.80.

Our best idea into the Close is to buy RIMM on a pullback close to 59.90. Tgts, 60.40 and 61.00.

Don’t forget to follow us on Twitter!

Leave a Reply