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...
hurt investor market
This is just what the market doesn't need right now and will hurt investor confidence.
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.
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The big risk is on the downside, but the market is ignoring a multitude of things they should be concerned about, such as the deficits and the weak labor market. We are getting to a point now where so many stocks are so overvalued that it is ridiculous and somebody at some point is going to say 'Mummy, the Emperor doesn't have any clothes on'.
cash market people sustained
If we do get a market rally, it will be short-lived as people will cash in on any kind of sustained rise.
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I wouldn't be surprised if we see a big opening and then a little more stability coming into the market simply because this oil price is going back up on what's happening in Nigeria and doesn't look like it's going to be coming down any time soon.
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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.
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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.
earnings obviously
There are some disappointments in earnings and obviously Hewlett-Packard is a big one.
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I think people are really concerned about this dollar. The dollar is going to go much lower than it is now, meaning people are likely to opt away from the dollar and away from U.S. investments and into investments they feel a little more comfortable with.
emphasis happen people possibly putting reflection
People are putting a lot of emphasis on these figures...it is a reflection of what possibly could happen in the future.
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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.
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The NYSE has its own power generation system, so getting that up and running isn't a problem, but getting people there will be, ... As we approach noon (7 a.m. ET), somebody is going to have to make a decision whether trading will go ahead or not.