if someone were to call the stock from you, you wouldn't have to go out and buy it -- you could just deliver the stock. The great thing is it's a contract so you know what the price is going to be and there's not a lot of guessing there.
More Quotes from Charles Payne:
They (the bulls) didn't get enough evidence this week to turn the jury.Charles Payne
I think it's a matter of the market running out of steam, and maybe everyone realizing we've come too far too fast. The stocks have moved ahead of the fundamentals.
Charles Payne
The Dow showed some resolve. I think it had to do with a key report on employment that indicates the jobs picture may be firming up.
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
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
Techs took the brunt of the selling yesterday, so that may be why they're performing a little better today, ... There is also a sort of sincere belief that next year, and even in the next six months, tech and telecom will perform better, so that may be reflected in the buying, as well.
Charles Payne
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