Retard sell off 2006 is in full swing

Stouter

Leg humping Taru
Adventurer
Joined
Aug 9, 2004
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That's right, for those who enjoyed the rollercoaster inflation last december, it's back, in reverse.

December -
-Prices started rising across the board
-People started buying at higher prices than last sale price at AH
-Many items were sold within minutes of being put on AH

Now -
-Prices start dropping across the board
-People are waiting on prices to drop, making AH stockpiles larger
-People are selling now in hopes of buying back later for much less

Economics are funny, I love how SE thought through their announcement about deleting all the gilseller accounts and clearing out billions. For those of you with some common sense, wait about a week then buy any gear you forsee needing in the future, it won't be that cheap ever again.
 
People think and act too much closely on the same time frame.
 
Without intending to, I'm on this rollarcoaster. My reasonings are different than the ones you mentioned-- In December I needed those items. February I don't need those items. And the same holds true for a lot've people. A month from now and you'll have another rollarcoaster as people start leveling up different jobs. Trade? Not a bad concept in most cases.
 
snipers 1.5 :o

Hauberk 4 mil hmm i might get one for my war
 
All the gear I bought back in Nov/December I still need, since I havent hit that level yet. I was tempted to sell it all and buy it back when it's a bit cheaper... but chances are that I will get caught up in the drop, and end up losing money overall. Things are beginning to approach the prices I bought em for in Nov.... but I figure since I plan on using em, and I already have the gear... no need to take a risk.
 
Noxxx said that this would happen, and then it would Sky rocket to even worse than before. I truly agree with him. But if everyones selling selling selling, were gonna have another 1929 Stock market crash!!
 
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