Day One of the Sale

It is a few hours before the sale, and I can feel the anticipation. Will I get #162 at my price (under $150,000). The early action is #13. Can I snag a Carpe Diem for less than $50,000? Maybe #51 for $35,000 or less?

I will be fascinated to see how the slow working sell, #73 is a Frosted that worked a slow 21.4, but has a ton of European pedigree. Will he sell for less than 1.5x? Or maybe #108 a slow working Pioneerof the Nile.

The real question is how will this sale go given the current economic situation.

The issue is what you might bid for your less than favorite idea, given your favorite might be 2 days away. You really need to judge the price of each horse, and especially similar horse, to judge how the sale is going.

Of course trying to pick these horses without seeing them in person, or being able to look at their x-rays is nearly impossible, but it is still fun

And then I realized the sale does not start until Tuesday, and I have more time for plotting.

Published by Gregg Jahnke

I was a professional investor for over 30 years. Now I spend my time trying to pick horses rather than stocks.

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