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Bears Growl in Poll

06/30/08 - 02:38 PM EDT

David Morrow

The bears coasted to victory in TheStreet.com RealMoney Barometer survey this week.

No doubt emboldened by the recent meltdown in the stock market, the bears took 51%, or 1,481 of the 2,924 votes cast. The bulls could muster only 801 votes, or 27%, while neutral came in at 22% with 642 votes.

In the sectors, energy equipment and services was picked most likely to rise, while commercial banks was seen as most likely to fall.

Below are the complete poll results.

Date Bullish Bearish Neutral Week Ending
S&P % Change
Bullish
Sector
Bearish
Sector
June
30
801
(27%)
1,481
(51%)
642
(22%)
Energy Equipment & Services Commercial Banks
June
23
612
(34%)
854
(47%)
325
(18%)
- 3.0% Energy Equipment & Services Commercial Banks
June
16
839
(47%)
567
(32%)
368
(21%)
- 3.1% Energy Equipment & Services Integrated Oil
June
9
499
(26%)
1,052
(54%)
402
(21%)
0.04% Energy Equipment & Services Investment Banks and Brokers
June
2
934
(56%)
371
(22%)
364
(22%)
- 2.8% Energy Equipment & Services Integrated Oil

Sector Total Votes Percentage
Aerospace and Defense 31 1%
Airlines 305 11%
Automobiles 369 13%
Beverages and Food Products 17 1%
Biotechnology 17 1%
Commercial Banks 580 20%
Computers and Peripherals 32 1%
Consumer Nondurables 49 2%
Energy Equipment & Services 93 3%
HMOs and Hospitals 15 1%
Homebuilding 173 6%
Insurance 35 1%
Integrated Oil 264 9%
Internet, Software Services 27 1%
Investment Banks and Brokers 497 17%
Media 31 1%
Multiline Retail 95 3%
Pharmaceuticals 32 1%
Precious Metals 77 3%
Semis, Semi Equipment 32 1%
Telecom Equipment 41 1%
Tobacco and Alcohol 16 1%
Utilities 36 1%
Wireless Communications 28 1%
Source: RealMoney.com

Sector Total Votes Percentage
Aerospace and Defense 39 1%
Airlines 35 1%
Automobiles 30 1%
Beverages and Food Products 55 2%
Biotechnology 48 2%
Commercial Banks 276 9%
Computers and Peripherals 38 1%
Consumer Nondurables 25 1%
Energy Equipment & Services 736 25%
HMOs and Hospitals 26 1%
Homebuilding 36 1%
Insurance 31 1%
Integrated Oil 449 15%
Internet, Software Services 45 2%
Investment Banks and Brokers 121 4%
Media 9 0%
Multiline Retail 17 1%
Pharmaceuticals 139 5%
Precious Metals 471 16%
Semis, Semi Equipment 37 1%
Telecom Equipment 18 1%
Tobacco and Alcohol 79 3%
Utilities 116 4%
Wireless Communications 32 1%
Source: RealMoney.com
David Morrow is editor-in-chief of TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, though he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. He appreciates your feedback; click here to send him an email.

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