Monday, May 22, 2006

For "G-Rock", who liked to bet the ponies.

Some of you speculators out there may have read, or at some point seen reference to the book, Secrets of Professional Turf Betting, by Robert Bacon.

Steve Saville gives an overview for those of us who have never read it. In a discussion entitled, "Secrets of Professional Speculation", Saville comments on the book and the parallels drawn between the methods of professional horse gamblers and succesful market speculators. Very insightful bit on the role of data/information spread in the markets and the principle of ever-changing cycles, as well.