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Thursday, November 8, 2012

Thursday's bets

Gonna have one bet today - Purcell's Bridge in the 3.00 at Musselburgh. Looks to have a great chance at these weights - here's Timeform's comments:

Made frame in couple of Irish bumpers last spring, but much improved when winning 14-runner conditionals handicap at Wetherby (2¾m) last week and can race from same mark here.


The markets were not too impressed with Obama's victory yesterday and the S&P500 took a bit of a hammering - here's the latest 15min chart:

In fairness though,  the short term timeframe probably gives an over-dramatic effect and if you look at the longer term charts, we are only back down to where we were two months ago. Focus now is on the Fiscal Cliff so we could be bearish for a bit - hard to say really.

On a positive note, my gold is doing OK and trades around $1720 per ounce. 

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