Bears Rout Bulls in Poll

Investors had no good reason to be bullish heading into this week, and it showed in TheStreet.com RealMoney Barometer survey.

A record 7,273 participated in the poll, with the bears capturing 3,537, or 48% of the votes cast. The bulls came in with 36%, or 2,596 votes, while neutral finished at 16%, or 1,139.

In the poll, precious metals was seen as the sector most likely to rise this week. Commercial banks was seen as the sector most likely to fall this week. That's not a surprise, considering the government took a bigger stake in Citigroup ( C) last week. Over the weekend, the Treasury Department added $30 billion to AIG's ( AIG) bailout, increasing the insurance company's U.S. loans to about $150 billion.

Last week, the Dow Jones Industrial Average surrendered 4.1%, the S&P 500 gave back 4.5%, and the Nasdaq Composite lost 4.4%. In 2009, the Dow is off by 19.5%, the S&P has lost 18.6%, and the Nasdaq has shed 12.6%.

On Monday, the major averages continued their descent, with the Dow trading down 200 points to 6863, the S&P off by 23 points to 712, and the Nasdaq lower by 33 points to 1345.

Below are the complete poll results.

Date Bullish Bearish Neutral Week Ending
S&P % Change
Bullish
Sector
Bearish
Sector
March 2 2,596
36%)
3,537
(48%)
1,140
(16%)
Precious Metals Commercial Banks
Feb. 23 965
(42%)
823
(36%)
492
(22%)
-4.5% Precious Metals Automobiles
Feb. 16 191
(36%)
215
(41%)
118
(23%)
-6.9% Precious Metals Commercial Banks
Feb. 9 587
(58%)
220
22%)
200
(20%)
-4.8% Commercial Banks Automobiles

Sector Total Votes Percentage
Aerospace and Defense
223
3%
Airlines
238
3%
Automobiles
761
11%
Beverages and Food Products
58
1%
Biotechnology
123
2%
Commercial Banks
1440
20%
Computers and Peripherals
115
2%
Consumer Nondurables
99
1%
Energy Equipment & Services
125
2%
HMOs and Hospitals
441
6%
Homebuilding
480
7%
Insurance
423
6%
Integrated Oil
236
3%
Internet, Software Services
65
1%
Investment Bankers and Brokers
651
9%
Media
153
2%
Multiline Retail
162
2%
Pharmaceuticals
435
6%
Precious Metals
540
8%
Semis, Semi Equipment
88
1%
Telecom Equipment
64
1%
Tobacco and Alcohol
98
1%
Utilities
102
1%
Wireless Communications
70
1%
Total
7190
100%
Source: RealMoney.com

Sector Total Votes Percentage
Aerospace and Defense
130
2%
Airlines
102
1%
Automobiles
99
1%
Beverages and Food Products
322
4%
Biotechnology
296
4%
Commercial Banks
977
13%
Computers and Peripherals
114
2%
Consumer Nondurables
160
2%
Energy Equipment & Services
610
8%
HMOs and Hospitals
188
3%
Homebuilding
78
1%
Insurance
153
2%
Integrated Oil
820
11%
Internet, Software Services
151
2%
Investment Bankers and Brokers
317
4%
Media
52
1%
Multiline Retail
44
1%
Pharmaceuticals
295
4%
Precious Metals
1350
19%
Semis, Semi Equipment
98
1%
Telecom Equipment
77
1%
Tobacco and Alcohol
361
5%
Utilities
326
5%
Wireless Communications
111
2%
Total
7231
100%
Source: RealMoney.com

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