For someone who's been a bit bearish lately, you'd think I'd be rejoicing Friday's action.  I guess I'm never satisfied, though, as Friday was nasty, but not quite the bear green light you'd imagine.  In fact, if you look at a chart of the QQQQ below, you'll see an index that is only at the bottom of support.  And volume was strong but about like it's been recently. 

In short you could most definitely see a bounce on Monday.