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CNBC Trillion Dollar Survey: Main Street Less Bullish Than Wall Street After Dow Drop

These are the official results of a CNBC Trillion Dollar Snap Survey of Wall Street money managers and investiment strategists conducted from 5pm ET Thursday, July 26 until 12:00pm ET Friday, July 27 compared with the responses of CNBC.com users ("Main Street" collected between 12:30 PM ET Friday until 11AM ET Monday, July 30.

We emailed an invitation to almost 100 of Wall Street top money managers and investment strategists. Many of them participated in our first Trillion Dollar Survey in mid-July. In our coverage of the results from the Wall Street survey we gave CNBC.com users the option to take the survey themselves.

The results reflect the opinions of those who accepted the invitations. This is not a scientific poll.

Since our most recent survey, have you adjusted your year-end stock market targets:

Wall Street

Main Street

Higher

6%

15%

Lower

0%

33%

No Change

94%

52%

Which of the following best characterizes Thursday's market drop?

Wall Street

Main Street

Beginning of a bear market

0%

14%

Beginning of a correction in a long-term bull market

43%

32%

Buying opportunity

46%

35%

Wait and see

11%

19%

How would you best describe the deal market?

Wall Street

Main Street

Deal boom is over

9%

20%

Look only for strategic deals

62%

51%

Minor hiccup, deal boom will continue

29%

29%

Is housing market turmoil "contained?"

Wall Street

Main Street

Yes

68%

32%

No

32%

68%

What is your opinion of financial services stocks following their recent sell-off?

Wall Street

Main Street

Time to buy

41%

29%

Stay away for now

59%

58%

Sell Sell Sell

0%

13%