SMB Morning Rundown for December 15, 2009

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Today, the Market appears set to open lower. The levels we are watching in the SPY are 111 (sup) and 111.40 (res). Above 111.40, the next resistance level is 112. Below 111, our next support level is 110.50.

Our best AM Idea for today, which we highlighted in our AM Meeting is to short AAPL close to 196.40. Tgts: 195.60 and 195.

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