SMB Morning Rundown – January 13, 2010

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Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 113.20(sup) and 114.20(res). Above 114.20, the next resistance level is 114.50.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy MGM as long as it is holding above 12.20. Tgts: 13.00, 13.80

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