Markets Retreat on Sen. Reid's Comments

Wednesday, 28 Nov 2012 | 6:18 AM ET

Comments by Sen. Harry Reid, (D-NV), that little progress has been made in "fiscal cliff" negotiations, sent U.S. markets lower. Kate Warne, Edward Jones investment strategist, and Tim Freeman, Elevation LLC principal, weigh in on where the markets are headed from here. Keep an eye on the VIX, Freeman suggests.