FT-Oct. – Day 3

Prices were up strong on the 2nd day of the sale. The average grew to almost $50,000 and the median rose to $25,000. That is not good news for bargain hunters.

West Point, Eclipse, and Dare tp Dream each bought a mid-priced horse and an Empire Maker went for $750,000.

My top horse #606 was a late withdrawal. I guess if the horse did not get any vet checks or scopes in the morning, the owner/consigner decided to bail. A year ago this would have made me angry, now I just expect it. I will watch to sell where this horse reappears. The Always Dreaming I was slightly interested in was RNAed for $19,000.

My strategy for day 3 revolve around #927. I would hope to get this Mendelssohn filly for $50,000 to $75,000, but that might be to little in this environment. I still have some day 4 ideas if she is too expensive.

At first I was concerned by this horse’s walking video. Watching more closely it is really the handler that cannot walk in straight line. This is a tall leggy filly that the cool kids just might think is too slight to be a racehorse.

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.

Leave a comment