sp support levels., page-26

Fang.

You are right my friend.

I think the first part of your post says it all really.

"Even the true believers are starting to question their positions now."

Now we have a cyclone on its way to the area.

What this will do is anyones guess of course however just when you thought the news for Fortescue could not get any worse, it may still get a lot worse.

This cyclone has the ability to give the area a real bad wack which may disrupt production in the IO industry just when they need no further problems to handle.

It could go all pare shaped from here folks.

From ABC website.

http://www.abc.net.au/news/stories/2008/12/21/2452186.htm

In part "Cyclone to re-intensify

The Weather Bureau says there has been widespread heavy rainfall in the northern and eastern parts of the Kimberley.

A cyclone warning is current for coastal and island communities from Kalumburu to Beagle Bay, while a cyclone watch is current for coastal areas from Beagle Bay to Wallal.

At 3:00pm AWDT, Billy was estimated to be 460 kilometres north-east of Broome and 165 kilometres south-west of Kalumburu and moving west at seven kilometres per hour.

Duty forecaster Rabi Rivett says it is expected to head back out over the ocean tonight and people in the west could be affected.

"It's expected to continue heading westwards and basically head out parallel to the Pilbara coast," he said.

"At this stage we're not forecasting a coastal crossing although the situation could change and we could see the tropical cyclone recurve and impact the coast."

Mr Rivett says once Billy moves over the ocean, the warm sea temperatures and atmospheric conditions will allow it to intensify quite quickly.

"Ex-tropical cyclone Billy is currently moving westwards and expected to cross back over the ocean just north of Kuri Bay," he said.

"Once it does that, it could re-intensify into a cyclone and that could happen over night tonight or early tomorrow morning."