The stock market recorded one of its best runs ever last week, but maybe it came too far too fast.
In TheStreet.com RealMoney Barometer, bears recorded 601, or 44% of the 1,366 votes cast. The bulls got 448, or 33%, while neutral came in at 23%, with 317 votes.
Perhaps the voters were prescient. On Monday, the
Dow Jones Industrial Average
took a huge dive, dropping almost 680 points. The
lost 80 points, while the
gave up 137.5 points.
In the sectors, automobiles was seen as most likely to rise, perhaps owing to an expected federal bailout this week. Multiline retail was seent as most likely to fall, maybe due to a lack of confidence in this year's holiday shopping season.
Last week, the Dow gained 9.7%, the S&P 500 rose 12% and the Nasdaq added 11%.
Below are the complete poll results.
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;
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