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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (63326)	6/28/1999 10:57:00 AM
From: Knighty Tin	Respond to of 132070

Wayne, I tend to watch 4 tracks at a time, choosing one race every 15 minutes or so. I do no handicapping ahead of time due to scratches, weather, etc. But I have found that 10 minutes of handicapping any one race is about where I max out (exceptions for the Triple Crown, Breeders Cup, etc). After that, I start arguing with myself. <g> I prefer cheap claiming races and Maiden Clunkers. I also like Maiden Special Weights where few of the horses have ever raced before. The favorites are bid up like they are Secretariat when you don't even know if the horse can get pointed the right way in the gate. <g> I also like the bull rings, like Prescott. What I have found on simulcast is that I am streaky on a track. If I am hot at Hawthorne, I tend to bet more there. Yesterday, for example, I was great at Hawthorne while I didn't cash a ticket at Louisiana Downs. I backed off LousyAnna completely and doubled my bets at Hawthorne. I also tend to avoid what I call Demolition Derby type races, with more than 10 horses. Yes, the payoffs are larger, but that is because the fastest horse got blocked in and you can't know that in advance. <g> I have found my research time ample since the market went to such high valuations. In the early 1990s, I was spending 12 hours a day researching and visiting smaller tech cos. trying to figure out who would come out jumpin' and jivin' when the tech doldrums were over. Now, I spend little time doing that as most situations are "may be a good co., but overpriced." The bear side takes much less research as it is the big overpriced cos. with tons of information readily available that are the most overpriced. If we ever get another bear market, my racing days will be curtailed dramatically as I have to do some real work again. My Maximum Income portfolios take almost no time whatsoever. I go through a couple of hours of hectic trading every week or two, and that seems to be it.