I don't think anyone expects any fireworks from the Fed tomorrow but it's normal to have a pause before a Fed meeting.
More Quotes from Charles Payne:
This has been a good time for investors to take profits and there's some hesitation ahead of tomorrow's (Friday's) report. There is a general sense that if we're not at the worst, we're almost at the worst -- but you have to expect the market to pull back occasionally.Charles Payne
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.
Charles Payne
I think that one of the problems that lingers with us from the last five years, with every one jumping into the market, is that we need instantaneous results.
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.
Charles Payne
We have a changing of the guard in technology. All these cornerstone tech names can't conjure up the magic they once did and I think it's time people started looking for new bellwethers.
Charles Payne
While I applaud the resiliency, you can still see via the volume that there is not widespread conviction,
Charles Payne
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You can become blind by seeing each day as a similar one. Each day is a different one, each day brings a miracle of its own. It's just a matter of paying attention to this miracle.
Paulo Coelho
I'm not running away from the fact that I had previously said I did not contemplate a major increase, and that was a fair statement of the Government's state of mind at the time I made that.
John Howard