SMB Morning Rundown – May 12, 2011

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Today, the Market appears set to open slightly lower. The levels we are watching in the SPY are 134.00 and 134.60 (resistance) and 133.00 and 129.50 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to get long VRSN on a pullback in the 36.50-37.00 range.

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