Basically we're holding our breath and seeing what happens on the Fourth.
People are holding their breaths, waiting for an impetus to move,
Every time the market pulls back, people come back into the market. I think the real driver is there's no return holding cash.
There's a lot of investor apathy out there right now, and I don't see any incentive for people to move until the payrolls report. After that, people who are holding out may be willing to get back in.
Everybody's holding their breath wondering what the next event is going to be. I don't think anybody expects a rally any time soon.
I'm not sure what's holding investors back, but I'm not anxious. January was a pretty typical month and I think it's only a matter of time before markets do better. I'm just not sure what the catalyst will be.
The market has been holding up, despite how bad the news is.