Thread: REA Clock?
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Old 05-04-2008, 12:02 PM
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Default REA Clock?

Posted By: Jeff Lichtman

I second Anthony's suggestions.

And I agree with Matt/Jay about REA strategy. If there is a lot you must have, better off waiting until 2 am or so to make your move because there's half a chance that the poor bastard you're bidding against is unconscious by that time. It may be that there are only two bidders remaining for a lot at a certain price and one just simply is outlasted physically. No need to have the showdown at 11 pm for the final price to be set when you can do it a few hours later, closer to ending time.

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