All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: IceShark who wrote (20374)	3/28/2000 1:01:00 PM
From: MythMan	Read Replies (1) of 42523

. Barry Hyman, chief market strategist at Ehrenkrantz King Nussbaum, said he agrees with Cohen's comments that stock investors should not expect the sky-high returns of the recent past. "We have to respect what she has to say," he said Cohen's 5 percent taken from equities was moved into cash, which previously had no allocation. Bond allocations remained at 27 percent, while commodities positions were held at 3 percent. But despite the day's Nasdaq losses, Hyman sees stocks rising this week as institutions buy the year's best-performing stocks to present clients with winning shares ahead of the end of the quarter Friday. "(Cohen's move) is not going to hurt the market this week," Hyman said, because of so-called "window dressing" buying.

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