Market psychology is playing a big role in this. The worst-case scenario has already been baked into markets over the last six weeks, so if big companies like GE today and possibly IBM next week can meet their estimates, that tells us that, sure, things aren't great, but they're not that bad either. Charles Payne
Motivational, Inspirational, Funny Quotes
![A lot of [financial companies] report this week. This might be some speculation that we'll see some visibility from the group. - Charles Payne Quotes](/pic/img/img.php?text=QSBsb3Qgb2YgW2ZpbmFuY2lhbCBjb21wYW5pZXNdIHJlcG9ydCB0aGlzIHdlZWsuIFRoaXMgbWlnaHQgYmUgc29tZSBzcGVjdWxhdGlvbiB0aGF0IHdlJ2xsIHNlZSBzb21lIHZpc2liaWxpdHkgZnJvbSB0aGUgZ3JvdXAuIA==&author=ICBDaGFybGVzIFBheW5lICAgIA==&num=6 "A lot of [financial companies] report this week. This might be some speculation that we'll see some visibility from the group. - Charles Payne Quotes")
![The market still believes the Fed is the friend, but there is a psychological feeling that once [Fed chairman Alan] Greenspan gets started, he doesn't like to stop. - Charles Payne Quotes](/pic/img/img.php?text=VGhlIG1hcmtldCBzdGlsbCBiZWxpZXZlcyB0aGUgRmVkIGlzIHRoZSBmcmllbmQsIGJ1dCB0aGVyZSBpcyBhIHBzeWNob2xvZ2ljYWwgZmVlbGluZyB0aGF0IG9uY2UgW0ZlZCBjaGFpcm1hbiBBbGFuXSBHcmVlbnNwYW4gZ2V0cyBzdGFydGVkLCBoZSBkb2Vzbid0IGxpa2UgdG8gc3RvcC4g&author=ICBDaGFybGVzIFBheW5lICAgIA==&num=2 "The market still believes the Fed is the friend, but there is a psychological feeling that once [Fed chairman Alan] Greenspan gets started, he doesn't like to stop. - Charles Payne Quotes")
