Bulls Wrest Poll From Bears

Despite a bad week last week for stocks, sentiment is bullish.
Publish date:

Updated from 3:09 p.m. EST

You'd think after the fear that gripped the stock market last week that those participating in TheStreet.com RealMoney Barometer poll would be circumspect in their outlook on stocks this week.

Nope, this crowd is bullish. Of the 2,280 people who took the poll, 965, or 42% were bullish, 823 or 36% were bearish and 492 or 22% were neutral.

In the sectors, precious metals was seen as most likely to rise (now that's not bullish on equities, but with gold around $1,000, why not?).

Automobiles, with


at a 71-year-low last week, was the sector seen as most likely to fall.

The major averages all closed down at least 6% last week, and on Monday, sold off again in earnest with the

Dow Jones Industrial Average


S&P 500

approaching 1997 levels.

The Dow finished down 251 points, or 3.4%, to 7115, and the S&P 500 was off 27 points, or 3.5%, at 743. The

Nasdaq Composite

lost 54 points, or 3.7%, to 1388.

Below are the complete poll results.