SMB Morning Rundown – February 4, 2011

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Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 131.00 (resistance) and 131.25 if it’s holding above 131.00 and 130.50 and 130.20 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to get long JDSU above 22.00

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