Market Watch: Desperation, the upswing, and a bonus!

Posted by admin on 04 28th, 2009

Categories: Featured Articles | no responses

Market Watch is a weekly column that takes an in depth look at individual items inside the World Of Warcraft. Have an item you would like to tell us about? Leave us a comment! Well, for this week’s article I’m bringing you a special look at the economy. Last week we focused on how the economy is down. This week will take another look at that and what you should be doing to maximize your profits. Along with this, we will also look at the upswing which is coming quicker than some may expect. And finally, a bonus for the Market Watch readers, a little something from my bag of tricks. But first the economy! Desperation So as you all know, last week everyone was reporting that all major markets are down. Well, guess what? They’re still down! However, this means good news for you. Some markets have gotten so bad that numerous people are dying to liquidate their assets, and some at insanely cheap prices. This week I’ve picked up some really great buys. Most notably, I picked up 68 stacks of [Saronite Ore] for 12g a stack and stacks of [Eternal Earth] for as low as 80g a stack. As well as [Frozen Orbs] for 25-30g each. I even crafted an [Armor Plated Combat Shotgun] for about 200g, granted I had a few of the mats. So my advice for you this week is to pick up on these super steals that are floating around. The best place to look is trade chat. All of my great buys this week have come from desperate sellers trying to get out of whatever down market they are in. So my tip for buying this week is to keep a keen eye on trade chat. Watch for desperate spammers dying to sell an item. You can usually even talk them down to an even lower price. To use a line from the great movie Inside Man: “When there is blood on the streets, buy property.” Take full advantage of these people and make the most of your profits. The Upswing Now, I know you might be asking “How can I maximize my profits if the market is down?” Well, all I can tell you to do is sit on your items just a little while longer and sell slower then you use to. The markets are starting to come back around. For example, I’m pretty involved in the gem market. I use to sell around 20 [Monarch Topaz] (in numerous cuts of course) in a day. The market has started to thin do to people not trying to flood for the lack of demand. Last week I was lucky to sell 1-2 a day. This week, I’m doing much closer to 7-8. It’s coming back, as more and more new gear is making its way into the hands of player. New Ulduar loot along with Season 6 gear this week will continue to bring back demand for these items. The upswing is coming, be ready for it. The Bonus Attention all mount collectors and Warlocks! I’ve got a great tip for you. If you are one of those people after the Leading the Cavalry or Mountain o’ Mounts achievements I have a little trick to help you get two easy mounts. I don’t know how well known this is, as a friend told me about it. I have never seen it posted on any sites so I wanted to bring it to you. If you’ve seen this somewhere else, I apologize but I felt it was worthy to bring to our readers attention. As usually savvy investors also like vanity items like mounts. So here we go. Halaa Mounts: If you didn’t play very much in The Burning Crusade you may be unaware of what Halaa is. Basically it’s world PvP implementation in the center of Nagrand. You collect Halaa Battle Tokens when you or your group kills someone in the zone. You can trade Halaa Battle Tokens and Halaa Research Tokens in for a number of items, but the only two that are any real use to level 80 players are and they are Reins of the Dark Talbuk and Reins of the Dark War Talbuk . The only problem is that very few people still frequent this area. If you needed only a few Halaa Battle Tokens this may not be an issue, but to obtain both mounts you need a total of 170 tokens. This can be a real task if no one is there for you to defeat. However, I have the solution to the problem. All you need is your friendly neighborhood Warlock. I’m lucky and have a good friend and fellow mount collector, but I suppose you could pay for a Warlocks help (more on this later). Basically group up and head to Halaa. Once there have the Warlock Life Tap and Hellfire themselves to death. Then him, and anyone else in his group should create a Halaa token. 170 deaths and some research token farming later you’ve got two very nice and pretty rare mounts. Now, there are a couple hang ups with this. I’m pretty sure this isn’t in the spirit of what Halaa was implemented for. So Blizzard may frown upon this, and maybe even fix it in the near future. I didn’t run into any problems with doing this, but this is kind of a buyer beware sort of situation. Moreover an enterprising Warlock could probably easily sell this service to other collectors as these mounts are difficult to get but once again you may run the risk of Blizz having a problem with it. Best bet would probably be to check with a GM if you are concerned. That’s it guys. This week go out, take advantage of those desperate sellers, be ready for the upswing, and get your Halaa mounts. You’ll be you happy you did. Once again your comments and feedback are encouraged. Also, how are your markets doing? Any trend you would like to see featured here? Let us know!

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