The sale continues to roll along. It's very successful in all categories and just a continuation of the November and September sale. There is a lot of discretionary income right now.

Merrily We Roll Along

That's been our position all along and it continues to be our position. The judge's ruling helps clarify some of the basic issues and we know where we need to go from here.

[The U.S. Treasury auction schedule, which continues Wednesday with the sale of five-year notes,] is seen as a hurdle, ... in a profit-taking mode.

We also did our normal direct marketing to trainers in Florida, Arkansas, and California.

There was a very international contingent of buyers here from Japan, South Korea, Taiwan, South America, and Mexico. These countries, in conjunction with the Kentucky Thoroughbred Association, have made an effort to visit as part of an emerging markets initiative. We are building relationships with horsemen in these markets, and they are coming to central Kentucky because it is the horse capital of the world.