Sunday, November 23, 2008

The Economy Is So Bad . . .

Even ebay, the online flea market for garbage and junk, is offering a 10% discount on the winning bid via PayPal. Ebay prices have been like the stock in the DJIA, they have been seriously overpriced. I think it's time for a downward adjustment anyway. Even with the 10% coupon factored in, some of the junk can't still be a treasure from the price point of view, they need to be at least 30% off to get to a more reasonable level as far as from junk to gem is concerned.

2 comments:

  1. when more professionals joint the ebay, it is really difficult to get a bargain anyway.

    ReplyDelete
  2. I went to the library book sale but couldn't find anything from Ansel Adams.

    One of the stupid things I observe from a bidder's perspective is why would you bid on something way ahead of the closing end time, so you can attract competitions and got the price jacked up? I don't understand it. From the seller's point it's great but definitely not as a potential buyer. I wouldn't bet on anything until the last minute or so.

    ReplyDelete

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