Derby Long Shot Theory and the Gaining Dow
Posted: Tuesday, May 5, 2009
Calvin Borel must have been an optimist going into the Run for the Roses on Saturday. T. D. Thornton thinks there may be a connection between the rise of the Dow and an upset in the Kentucky Derby.
"The Dow's performance has recently been as difficult to understand as Mine That's Bird's unexpectedly emphatic victory, so it's fascinating to ponder that there might be some collective, subconscious market morale tied to the admiration of underdogs who win the nation's highest-profile horse race." says Thornton.
He talks about it here.
