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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 (109)	3/30/1999 8:03:00 PM
From: EL KABONG!!!	Respond to of 752

jbIII, Oh, I've got lot of race track stories. It's really ironic how race tracks and handicapping prepare you for the stock market. There are really lots of parallels. Another time we went up to the Boston area to watch a Steelers/Patriots game (back in the early 70's; Steelers won big time - go Steelers). The night before the game we went to Foxboro race track for the harness racing. I was having a magnificent night, the kind you only dream about. Usually if you hit 4 or 5 winners in a night (out of 12 possibilities), you're making good money. Well that night, I had 11 out of 11 going into the final race. The last event was a boat race (boat race means that there is one horse in the race that is so good he can't possibly lose; stable is looking to win some easy purse money). I bet close to $50 (why not; way up by that point) on the easy favorite. The race went off and just as predicted, the favorite shot to the front and was actually about a full 1/2 lap in front of the rest of the horses, coming down the homestretch. I turned to my buddy and said, "Well, that's 12 for 12 tonight. The only way he can lose is if they shoot him!". You guessed it. The words were no sooner out of my mouth than the horse tripped, broke his front legs, and (after the race was over) they shot him (in a tent covering his body). KJC