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Friday, October 5, 2012

Friday's bets

One form study bet this morning - the price is currently around 2.8 so decent enough. Here's Timeform's comments:

1.00 Yarmouth - Half A Person
Sales price increased twice, and he showed plenty when fourth on last month's debut at Leicester, helping force pace and not knocked about once chance had gone. Hard to beat granted improvement.

In the handicaps, it might be worth taking an each-way chance on River Dragon (3.05 Hexham). Makes a quick return to racing having won at Newcastle in difficult conditions on Wednesday and looks like he could be a couple of pounds ahead of his hurdle mark today.

With the financial trading, both my S&P and Dow trades are still open but both are in the red at the moment, I'll see how they go today before probably closing off for the day. It's going to be a busy day with the non-farm payrolls out in the US. If you're not sure what that is, here's a quick explanation from Forex Live:

Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.
A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

I think Paris is looking unlikely this weekend as the costs still rise - I didn't realise but my wife is away in England most of next week with work and will need some dosh for that so maybe it's best to stay at home. I'll decide later. Anyhow, best of luck with what you do today. 

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