The World is Frozen Like a Deer in Headlights – Hot Market Updates Seth Setrakian
January 30, 2015 – Seth Setrakian – Yesterday was Fed Day and everyone was waiting to be bailed out. That is not what happened. The Dow fell 300 points, it was 30 handles on the S&P, following another 300 points down and 30 handles down the day before. As it stands the world is shocked and no one knows what to do. They are frozen and are not selling. Valueless and conviction-less buying leads to investors who have no place to put their money. It is a dangerous combination. Do not listen to the hype, stay on the sidelines with all this uncertainty until the February resolution of this Greek debt problem, there is more debt coming, be patient before making decisions.