Steve Previs
Steve Previs
Stephen Richard "Steve" Previsis a retired American basketball point guard who spent one season in the American Basketball Associationas a member of the Carolina Cougars during the 1972–73 season. He attended University of North Carolina where he was drafted by the Boston Celtics during the 1972 NBA Draft, but he did not play for them...
call company conference demand industry looked signs time turnaround worrying
It's what the company said in the conference call that was particularly worrying -- that there is no demand there and no signs of a pick-up any time soon. What looked like being a turnaround in the industry is not a turnaround.
happened market obvious past people reflecting stay subdued time year
It will be a very subdued day for obvious reasons. People will be reflecting on what happened in the past year as well as what happened this time two years ago. A lot of people will probably just stay away from the market today.
concrete earnings economy evidence level market might period turning until
The futures might take the market back up. But I don't think this level will hold, and I see a choppy period until more earnings are out...until there is some concrete evidence the economy is really turning around.
anyway expect last
The futures aren't indicating very much anyway and you would expect them to be down a little bit, probably a little profit-taking after the big run-up we had last night.
economy happen head market might people pressure return sign starting
The market is under pressure because people are starting to think about what might happen if the economy doesn't recover, ... If equities do start to head lower, it may be a sign that it is discounting a return to a recessionary environment.
cannot close market reaching resistance straight
The market has been going straight up and this cannot be sustainable. I think we are close to reaching some kind of resistance levels.
earnings expensive market
The market is pretty expensive as it is now, when we still don't know where the earnings are going to come from.