I started hunting pony's at level 32 with my Cabalist, and they were orange, and hunted them till level 36. Came back at level 38 and the ponys coned blue, yellow, and orange. made 39 and am getting a bub of exp an hour farming yellow's. Some are still orange,LOL when does it end.
Thoel for a great alb Cabby lvl guide see www.cabalist.org