SMB Morning Rundown – November 23, 2010

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Today, the Market appears set to open lower. The levels we are watching in the SPY are 119.45 and 120.25 (resistance) 118.75, 118.00, and 116.80  (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to use 44.50 in HPQ as an inflection. Short below and long above.

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