FT-Oct. – Day 4

Panic.

Panic is what happens when you top ideas do not work out and the sale is nearing its end.

Day 1 – #216 – Bolt d’Oro must have had vet problems and sold for only $4,500, then #245 (a Mendelssohn filly) sold for $140,000

Day 2 – #606 – a Mastery filly, was a late withdrawal.

Day 3 – #927 – a Mendelssohn filly, sold for only a $12,000, clearly a TGTBT price

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The plan for day four is:

#1302 – Oscar Performance – c – there is plenty of pedigree in the second dam

#1540 – Bolt d’Oro – f – many of the B d’O’s have been too expensive

#1560 – Good Samaritan – f – is my fallback idea

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Prices stayed high on day 3 with an average around $50,000. A strong Street Sense sold for $925,000. An Empire Maker went for $750,000. A Bolt d’Oro with very little pedigree went for a cool $300,000. He was very good looking:

West Point and Eclipse each bought another $100,000 horse. WP even bought a Super Saver. Crow and McPeek remained active

The reality is that good horse are still selling for at least $100,000, and horses with vet problems are selling for less than $10,000. It is very misleading to say the average is $50,000

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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