Bears Keep Grip on Poll

More than 7,500 turn out to watch the bears administer a whipping on the bulls.
Author:
Publish date:

Another disheartening week for stock market bulls showed up in this week's market poll on TheStreet.com.

Of the 7,511 people who participated in our survey, 45%, or 3,350, expect the market to decline this week. The bulls came in with 2,645 votes, or 35%, while neutral tallied 1,516, or 20%.

In the sectors, as it was for the fourth straight week, precious metals was expected to rise. Automobiles was picked as the sector most likely to fall.

The poll likely was influenced by the dreadful performance of the major stock averages last week. The

Dow Jones Industrial Average

was down 6.1%, the

S&P 500

fell 7%, and the

Nasdaq Composite

dropped 6.2%.

The Dow closed at 6626.94 on Friday; the S&P finished at 683.38, and the Nasdaq settled at 1293.84.

Jim Cramer has laid out a scenario as to how the Dow could fall to 5320

.

Below are the complete poll results.