¿No news is good news?, page-16

JMO - take it or leave it.

Markets around the world are jittery.
Last few weeks money pouring out of Aust stocks and going back home.

LNG went on too big a ride up - had to have a pull back.
The shorts are playing with this now and I believe they will for weeks and possibly months.
When a stock gets kicked in the guts like LNG has, then the market loses a bit of confidence in it. People are reluctant to dive back in quick. It takes awhile for that confidence to be re-established. A consolidation time for the next few weeks/mths. You now have strongish support in the 2.20-30 area and there is little resistance in the 3.20-30 area. I would suggest a trading range in the 2.60 to 3.30 area for awhile. Just my opinion.