Sunday, March 29, 2009

Best motor sports trade ever?

I made a post with this here a little while ago: -

http://www.betangel.com/blog_wp/2009/03/13/we-are-not-competitive/

I am not skilled at motor racing sports or have a strong enough opinion to trade it regulary, but if a trainer came out and said that a horse was not competitive, you would expect the price to drift quite a bit. That's what I felt would happen in the Formula 1 markets when I heard these comments by McClaren on the state of play on their F1 season. I am amazed it took so long to be discounted into the price of Lewis Hamilton. But looking at the chart you can see his price has drifted considerably since these comments came out, an excellent trade. Lowest price traded was 3.50, current price after testing at the Aussie GP, 10's!!

The most predictable drift ever?
The most predictable drift ever?