Gai Waterhouse has spring in her step with two-prong Caulfield Cup attack Sydney trainer Gai Waterhouse with her Caulfield Cup runners Glencadam Gold and Julienas. GAI Waterhouse says she's "extremely" confident about her horses' chances going into this afternoon's Caulfield Cup, despite both having long odds and the champion trainer having never really stamped her authority south of the border. The Sydney-based trainer boasts a 2010 Caulfield Cup with Descarado, but can lay no claim to a Cox Plate or Melbourne Cup. Carrying her hopes today are Glencadam Gold, ridden by Tommy Berry and paying $41, and Kerrin McEvoy on Julienas, which yesterday was paying $21 in the $2.5 million Group I staying race. Asked whether last year's Cup favourite Glencadam Gold's 15th place finish was cause for concern, Waterhouse said "not at all." "I believe he hit a soft spot in the track and lost motion," Waterhouse said. When that happens it can make a leading horse legless. They go from odds-on to 100-to-1. Julienas is lucky to be in this year's race at all, after being voted in at the last minute by the Melbourne Racing Club this week when veteran trainer Lloyd Williams pulled all but one of his horses out of the race, sending Waterhouse's horse's odds from $101 to $26 instantaneously. "I'm always delighted when Lloyd pulls out of races because he is exceptionally hard to beat," Waterhouse said. His training set-up is next to none, so it was very kind of Mr Williams (to pull out). Waterhouse said she thought Julienas was peaking at the right time, but she declined to say which of her horses she thought had the edge. Julienas is a happy chappy, he's dropped some weight, he ticks all the right boxes for me. All I can say is I'm happy with both. They're actually very similar looking horses. Hawkspur, trained by Chris Waller and ridden by Jim Cassidy, is the race favourite, paying $4.80, with another Waller horse, Royal Descent, paying $6.50, Silent Achiever $8, Dandino $9, and David Hayes' horse Jet Away, being ridden by Damien Oliver, is at $9.50. Waterhouse said she thought this year's spring racing was tougher than ever. "The horses are higher quality," she said. People want to be here. They want to be in Melbourne. It's the best racing in the world.