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12-15-2005 @ 10:34AM
I've had an alt stationed in IF for about 10 days now just for "playing the market" at the AH. I typically log in twice a day to run a scan using Auctioneer and to buy what appear to be bargains, and list new items (or those which have expired).
So far, I've made about 40-50g profit and have somewhere between 20 and 40g of "stock" that is listed for sale (going on the suggested prices of Auctioneer, that is).
It's obvious that several other people are doing exactly the same thing, as many bargains I bid on are instantly outbid. With this in mind, I've started adding items to the AH at massively inflated prices, hoping that the other matching items I have listed (at a lower price) will pop up on somebody else's "percentless" scan.
Oh - and if I saw people selling such a lot cheaper than I thought it was worth, I'd buyout their auctions and relist at a higher price... :D
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