Jose Mourinho was in philosophical mood after seeing Chelsea's hopes of winning four trophies slip away with a 1-0 FA Cup defeat at Newcastle.
"With the team we put out we showed we have other trophies ahead of the FA Cup but we came to win so we're not happy.
"But it's not a drama - we are in a fantastic position to win the league."
Mourinho, whose team play Barcelona in the Champions League and Liverpool in the Carling Cup final this week, said: "We are in a beautiful situation."
The Chelsea boss, upbeat despite losing Wayne Bridge possibly for the rest of the season, added: "We have the Premiership, the Carling Cup and Champions League to play.
"There are many reasons to forget this game and move forward."