highnote
05-06-2002, 09:29 AM
Here's a quote from today's Washington Post article by Andy Beyer:
"War Emblem's victory was a repeat of his
front-running win in the Illinois Derby that
spurred Baffert's client, Prince Ahmed
Salman, to purchase him. The colt had
benefited from some extraordinary luck
that day when the other good speed
horse in the field was scratched shortly
before the race because of an arcane
administrative rule. War Emblem was
able to open a commanding lead without
a challenge and romped home by more
than six lengths. Though the victory was
an overpowering one, most handicappers
dismissed War Emblem at Churchill
Downs because they knew he would
never enjoy such a perfect setup again."
Let this be a lesson. Sometimes it's not about the fastest horse, it's about psychology. Just like in the stock market. Sometimes there is no fundamental reason for a stock to go up or down. Sometimes it's market psychology which causes the stock to move.
Next year, we'll probably see more speed in the Derby.
John
"War Emblem's victory was a repeat of his
front-running win in the Illinois Derby that
spurred Baffert's client, Prince Ahmed
Salman, to purchase him. The colt had
benefited from some extraordinary luck
that day when the other good speed
horse in the field was scratched shortly
before the race because of an arcane
administrative rule. War Emblem was
able to open a commanding lead without
a challenge and romped home by more
than six lengths. Though the victory was
an overpowering one, most handicappers
dismissed War Emblem at Churchill
Downs because they knew he would
never enjoy such a perfect setup again."
Let this be a lesson. Sometimes it's not about the fastest horse, it's about psychology. Just like in the stock market. Sometimes there is no fundamental reason for a stock to go up or down. Sometimes it's market psychology which causes the stock to move.
Next year, we'll probably see more speed in the Derby.
John