Mixed results for Day 2

The Keeneland sale was eerily similar today to yesterday with a number of good horses selling for seven figures but high number of lots going unsold and the overall numbers trending downward. The 2008 sale is $30 million dollars behind after two days and that probably wont get better as the sale progresses into the non-select books. There are of course lots of theories bouncing around about missing buyers who are waiting on the middle books to smoke out the bargins that are expected to be there. But that seems like a stretch especially since those 'middle market' buyers are rarely the types that are spending $400000 a horse. Honestly, the sale lacks any buzz, there are no "showstopper" type horses, no new upper level buyers, and the mood is generally subdued. As a matter of fact if it weren't for the newly formed Legends Racing(which is really Gentry, Lukas, Zito, and Baffert, none of who are new), upper level domestic buying would be almost dormant.

We have some possibilities for tomorrows sale with one filly going through the ring relatively early. There are lots of solid horses that may not quite have book one pedigrees but are really nice individuals. The barn traffic looking at these horses has been fairly light and I am hoping that the sellers are going to be realistic with reserves. We will have more tomorrow.