They (the bulls) didn't get enough evidence this week to turn the jury.
More Quotes from Charles Payne:
The bears came out this week and didn't spook everyone off. When the market was too weak, there were buyers and as long as there are buyers on weakness we're OK.Charles Payne
Wall Street is saying it wants to see Republicans in control, and maybe it would make it easier for Bush to push through some of his policies, but I don't think there is anything from an historical perspective to suggest that stocks perform better when the Congress is Republican.
Charles Payne
It's hard to figure out whether the Street wants bad news, which means additional rate cuts, or whether the Street wants good news, which means corporate earnings will rebound sooner rather than later. We're in a really interesting space between both of those.
Charles Payne
Most of the negativity is built into these stocks. Today (Thursday) may be a proxy for how we're going to look for the next quarter -- more indecisiveness but not as much negativity.
Charles Payne
No one is panicking and that is the good news. There's no leadership out there and there are a lot of question marks. Investors have convinced themselves of a better second half, but it's not assured.
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
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