Has it found support at the 38% Retracement level?Bit of profit...

Has it found support at the 38% Retracement level?
Bit of profit taking going on?
Some weak hands listening to Assailed?
Bit of impatience?
Smart money pushing down the SP to soak up the loose shares?
Precursor to a CR?
All of the above?

I wouldn't have a clue



I was in the camp "EPP42 and EPP41 will get approved first, which will clear the decks for them to process the next cab off the rank", however I'm now in the camp "it might be politically expedient for them to release all three at once - more political bang for their buck so to speak". The cynic in me thinks politically it would be convenient to get a sugar hit from Narrabri for about a month, and then when that news dies down the politicians could get a second sugar hit from EPP42, EPP41 and PEP11. I'm probably delusional but it's an extraordinary gas pump the government has going on.

OK, enough pontificating ... I'm now in the "it could be any day camp". Exciting times now ... just waiting for our sugar hit.