"poor horse market".

The horse market is poor, because there are more horses not selling, more horses going to auction, more people not being able to provide, than before.
That's just like saying, the economy is doing great, because I have a job, not taking into account that the unemployment rate is at an alltime high, that foreclosures are at an alltime high, that more folks are struggling.

Again, what one person does with his money and where that one person sees value, is no reflection on anything else.

Caroline
~I don't suffer from madness. I enjoy every minute of it.~