SMB Morning Rundown – December 8, 2010

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Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 123.25 and 123.80, and 124.00 (resistance) 123.00 (inflection) 122.76, 122.10, and 121.60 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to be long OREX as long as it is holding above 10.60.

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