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MVSNYCjim, i also love PSA 8's, but the simple fact is that none of the big set reg guys bit at the 1/1- 8's priced at $10,000 (Don L, Don S., Scott I.)...but as i expected, they went after some of the 1/2 & 1/3 pieces they needed at $3K & $5K...
the bottomline is 8's are soft now...this "big event" just confirms that for me. i was buying PSA 8's 2 years ago at $2500-3500...now those same cards are in the $1200-1800 range.
for those out there who buy as an investment, the lessen is buy low, sell high, i guess.