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Message : Required fields Stocks on Wall Street tumbled Friday. The three major indexes suffered their worst weekly declines since October as frenzied trading in heavily shorted stocks hurt investor sentiment. The Dow, S&P 500 and Nasdaq ended Friday roughly 2% lower. For the week, the three indexes each dropped more than 3%. For the month, the Dow & S&P finished in the red. ClearBridge Investments investment strategist Jeffrey Schulze says the indexes could pull back up to 10% because market sentiment is overly bullish. We thought that positioning was pretty stretched as we came into January. Optimism was off the charts, put-call ratios were at levels last seen in 20 years. You also had record margin positioning. There is a lot of optimism in all of the investor sentiment surveys, so I think the market was due for a bit of a breather, little bit of a consolidation. ....