“TODAY has been a day of highs and lows. The highs have been some excellent results for a number of two-year-olds, headed by a number of six-figure lots topped by a brace of Kodiac colts at £170,000. However, it would be churlish of us not to recognise that trade has been mixed in parts and really quite challenging in the lower echelons of this specialist market, which has been quite graphically reflected in the sale statistics.”