Posts Tagged st. leger

The oldest classic horse race in the world is almost upon us again and while it marks the closing of the flat turf season, tradition dictates that it also marks an upturn in financial markets if folklore is to be believed.

“Sell in May and go away, don’t come back till St Leger day”

There is a general ‘theory’ that during the summer stocks languish and only when everybody is back to their desk does the market perk up. Here is one link, from many, that discusses this: -

http://www.thisismoney.co.uk/investing/article.html?in_article_id=484982&in_page_id=166

I’ve never managed to pull anything spectacular out of the St Leger for some reason, but that won’t stop me having a good go this week.

Things seem to be going OK this week, better than I expected. The  Doncaster markets are a bit jumpy but by and large I am pulling in some steady but unspectacular results. My strike rate continues to improve and in the last 106 races I have lost in only 7.

Yesterday was fair, but acceptable and we still have the two biggest days coming up today and tomorrow, so that should help get to a good week. That said the card at Doncaster doesn’t look particulary strong and on top of that racing experts  are saying that the St. Leger isn’t a strong race this year.

The issue I have today is that we start the card with a Group 2 race all out on it’s own at 13:35, not a helpful start to the day. I always find the first race of the day a struggle and usually my objective is to just get a small profit to get the day off on the right foot. Today I will have to push a bit harder on the first race which will make me feel uncomfortable.

We also have to look forward to the three runner at 16:25!! I will trade this as no matter what the market, there is always a strategy to put to use on it.  The favourite Al Zir will be going off at 1.42. If you been on my course you should know what to do, especially as it should attract a lot of volume.