Market Features

Poll: Most See Dow Below 10,000 for 2008

Stock quotes in this article:INDU 

More than 13,000 of you voted in our poll about where the Dow Jones Industrial Average would finish the year, and Monday's action put us smack in the middle of your sentiment.

Of the 13,507 votes, 5,932 of you, or almost 44%, expected the Dow to finish above 10,000 for 2008.

Yesterday, amid a massive selloff, the Dow closed below 10,000, dropping almost 370 points to finish at 9955.50, although the index had been down as much as 800 points, a record intraday point drop. The Dow also fell below 10,000 for the first time since 2004 and remains there so far today.

The second-most popular choice in our survey was between 9000 and 10,000. Almost 29% of voters, or 3,880 of you, saw that as the right range.

About 17%, or 2,279, expected the Dow to finish between 8000 and 9000.

Just a little more than 10% of voters saw the Dow going much lower: 5.7% saw it finishing below 7000, and 4.7% saw it ending between 7000 and 8000.

What's it all mean? Well, it looks like investors aren't totally pessimistic. That said, this poll closed before Monday's market open.

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This article was written by a staff member of TheStreet.com.

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