Don't get caught up in being a bear too fast.

Remember these scenarios:
http://yourfinancialblogger.blogspot.com/2010/09/2-scenarios-i-have-for-market.html

I think the SPY will stall at the daily 200-MA, pull-back for a couple of days before springing ahead to $113.

And I think a pull-back in the XLF then a pop to $15 is likely as well.