Robert Long Good Quotations

There are some genuinely problematic reports out today, like Merck, but there's a lot of good stuff, too, and people are taking some pretty decent earnings and focusing on the negative.

Normally, this time of year is good for the market. You have portfolio managers making end-of-the-year moves, you have a global economy continuing to recover, and in the short term, you have some relief that there was no terrorism attack over the holidays.