Gold Capped: Market timing

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5-21-2010 @ 4:47AM

Thoorin said...

I am guessing his realm is a lot like mine, with low herb turnovers overall and wild oscillation in herb prices.

I seldom see more than a page of any given herb, and prices can be 11 to 60g a stack, and I'm talking NR herbs only... Vanilla and TBC herbs can be even more lucrative, but the demand is too unstable and too dependent on levellers/scribes, so I don't bother taking the risk (there can always be someone leveling a gatherer who will just dump the market or someone leveling an alchemist/scribe who will clear the market, so...)

NR herbs are a stable market - In this environment, spending a moderate amount, like a 1000g, on herbs when they drop to like fifteens per stack, is gonna guarantee good return when the market swings around again. And quite often you can just clear it all immediately, and repost - unless it's weekend. Take weekend off, it's when all idiots go farm and then hit AH with "ZOMG MUUUUST BE CHEAPEST!!! WILL UNDERCUT!!!!!1ONE" attitude show up. Not that i mind them giving their gold away to me... but weekend is when you want to have all your money in your bag and buy, not sell.

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