friday ended decently down, but it hardly qualified as a meltdown. historically it is a very good bet that 1% down fridays have followthru on mondays, at least intradays. interestingly, the followthru % drops considerably if looking at closing EOD monday. i suppose conclusions could be drawn from that. ;-)
preferred scenario remains a down morning. every day last week started out with decent down in the first 30 minutes, with nothing else to go on may as well assume the recent trend will hold.