  We use point contact spectroscopy to probe $\rm{AEFe_2As_2}$ ($\rm{AE=Ca, Sr,
Ba}$) and $\rm{Fe_{1+y}Te}$. For $\rm{AE=Sr, Ba}$ we detect orbital
fluctuations above $T_S$ while for AE=Ca these fluctuations start below $T_S$.
Co doping preserves the orbital fluctuations while K doping suppresses it. The
fluctuations are only seen at those dopings and temperatures where an in-plane
resistive anisotropy is known to exist. We predict an in-plane resistive
anisotropy of $\rm{Fe_{1+y}Te}$ above $T_S$. Our data are examined in light of
the recent work by W.-C. Lee and P. Phillips (arXiv:1110.5917v2). We also study
how joule heating in the PCS junctions impacts the spectra. Spectroscopic
information is only obtained from those PCS junctions that are free of heating
effects while those PCS junctions that are in the thermal regime display bulk
resistivity phenomenon.
