SMB Morning Rundown – June 3, 2011

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Today, the Market appears set to open slightly lower. The levels we are watching in the SPY are 130.50 – 130.60 (Resistance), and 130, 129.60 – 129.50 (Support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to get short RIMM holding below 40 and to be more aggressive below 39.80.

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