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Strategies & Market Trends : Due Diligence - How to Investigate a Stock -- Ignore unavailable to you. Want to Upgrade?

To: jbIII who wrote (102)	3/30/1999 7:13:00 PM
From: EL KABONG!!!	Read Replies (1) \| Respond to of 752

jbIII, Oh, darn. I'm one day ahead of myself as usual... That comes from working out your stocks in advance. Many years ago I was at a racetrack in NJ. As I handicap the races ahead of time, it's not unusual for me to be handicapping say the seventh race before the fifth race has even been bet. There I was working along, when I glanced up at the minutes to post and saw that there were only two minutes left, and I hadn't placed my bets yet for this race. So I ran up to the window and bet #5 to win, and a few exactas with #5 in them. I then returned to my seat. There was this old guy (probably long dead by now) who used to sit near me, and he asked what I had found that made me rush and bet at the last minute. I told him #5, the favorite. He looked at his program, looked at mine and then burst out laughing because I was betting the seventh race horse numbers in the fifth race. I quickly went back to look at #5 in the current race and sure enough, it was likely the worst horse in the race. And to make matters worse, it was my last $20 too. So I quietly prepared for an early departure that day. The race went off, and my horse was dead last by a big gap. As they came down the homestretch for the first lap, the lead horses (harness racing) got tangled and went ass over tea kettles on the track, with the rest of the closely bunched pack following suit. My horse was so far behind that he missed the accident, easily went around the spill and completed the second lap by himself. Eventually some other horses were freed and finished the race, but to make a long story short, I had a $10 win ticket on a 53-1 longshot, and I had the exacta with the longshot on top. My older acquaintance just threw his program away and left for the day... As the saying goes, I'd rather be lucky than good! KJC