Plenty of possible explainations for the retracement over lunch:
1. Woodada announcement caused a small sell off
2. Profit taking after a good rise from 80ish earlier this week.
3. The usual sell off by those that don't want to risk all their money on next week's results (i.e. a partial sell down of their holdings as Gneiss suggests).
4. The lunch-time lull
5. The big buyers did their thing this morning - and now the traders are taking profits
I will be surprised if it is not back up in the afternoon. Then again with the US being so negative and the threat of war etc - the usual Friday sell off may be worse than usual.
I'm still in - make your own decisions.
H
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