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Charles Payne Quotes
«Disappointment can go away faster than the panic.»
«The recovery is going to take longer than anyone initially hoped for, and (Nokia) is the biggest name to warn so far. I think it was wishful thinking that the turn would happen overnight. But it's not a bad assumption to believe that things are going to get better -- it just takes time and maybe investors haven't been realistic.»
«There was an attempt to seduce some of these fence-sitters off the sidelines and it just didn't work.»
«The catalyst for the upside is that these companies really need to start beating earnings estimates. Cash is king, and I think patience is important now.»
«I don't think anyone thinks we're going to just turn around and just rebound ? those days are over. So far I'm encouraged.»
«The key word coming into the week was fear and that fear didn't turn to panic so the key word going out of the week is hope.»
«The economically sensitive stocks are doing well. Historically, that's a sign that the economy is improving.»
«This week has been a big victory for stocks. We weathered the continuous stream of bad news a lot better and we weren't shocked when companies warned for the third quarter. Investors are starting to forget about the past and focus on the future.»
«If you can't handle volatility or the near-term gyrations, it may be early for a really conservative investor, but those who can handle a little bit of roughness can do extremely well.»
«Wall Street is so skeptical that we need more than one hint, one hunch or one guess that the economy has bottomed.»