New google algorythm?
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There have been some changes specifically on 16th/17th if that coincides with your drop in rankings although google denies it so far.
It could also be that the people above you have improved or that it is just part of a dance where you move backwards and forwards.
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I too dropped 4-5 places on 2 of my danish sites around the 17th.. I have looked around on various forums and blogs regarding any google updates but nowhere does it seem to mention anything. But a lot of people seemed to notice similar drops around that day.
Would also love to know more about that update if anyone got any more information on it.