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Charles Payne Quotes

«Two strong days for the Dow in a row is something we haven't seen in a while, so that's encouraging, but it also brings out speculators and opportunists, so we have to be aware.»
Author: Charles Payne
«The one thing that's maybe notable today is that stocks have really held up. There have been a few times when they've started to drift and then they've come back up, so there's a little bit of buying on the weakness. However, the volume is totally anemic.»
Author: Charles Payne
«Because of the big gains we had Wednesday, today was expected to be a little anti-climactic. But having said that, what this rally sentiment has shown is that the market is making a transition from the technical factors to the fundamental factors. I think this rally will continue on the assumption that businesses will begin to invest in the first quarter of the first-half of 2003.»
Author: Charles Payne
«I think it could have been a lot worse (at the open). But I think it's important that the Dow stays above 9,600 or we could see another wave of selling.»
Author: Charles Payne
«They (the bulls) didn't get enough evidence this week to turn the jury.»
Author: Charles Payne
«So far, it's been a little disappointing. We've been in a pattern over the past few weeks of up, down and up, down.»
Author: Charles Payne
«I think there's a lack of conviction. I think a lot of people view the market as a crap shoot -- if you're worried about losing your job, you're not going to be playing the market.»
Author: Charles Payne
«Now the focus is back on individual stocks, their merit and their fundamentals, ... That's where the confusion comes in. Everyone's hoping for a strong second half, but everyone knows the near term will be sloppy at best.»
Author: Charles Payne
«The first thing we always look at is volume because there's always somebody out there who knows. In fact, if you look at every takeover in the 1990s, (in) 90 percent of them you would see an increase in volume. It's not just takeovers. All hot things on the street, it seems, are leaked.»
Author: Charles Payne
«We think that when the smoke clears, you will have Microsoft and AOL as the only two providers of online services.»
Author: Charles Payne

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