All market targets have been met---Huge day coming!

When the markets dumped on the news from Japan, I said the markets were in panic mode, look for a bounce, and hold long.

That bounce came and my targets have been met (SPY $130.30, DOW 12,120)

• Either Thursday or Friday will be critical for the market.
• We either get a huge dump or a strong gap up above the 20 and 50-daily moving averages on SPY
• I'm leaning slightly/cautiously towards a strong dump
• Watch the financial sector tomorrow.
• The rest of the week is pretty much a coin flip the direction of the market will reveal itself soon.