Thread: REA Clock?
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Old 05-04-2008, 05:31 PM
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Default REA Clock?

Posted By: Joann

Oh for God's sakes Matt. Now I have had enough.

First for the revisionist history. Your original point was not that the auction ended late because you knew from years past when it would end. You didn't get to that one until well into the thread. Your original point was that there was no clock (wrong). Your original point was that the 15 minute increments had nothing to do with bidding because they started every 15 minutes (again wrong). Your original point was that the auction was a pain b/c you didn't know when it would end (probably right, but no different than industry practice in the past few years).

And your point that the auction ended at 4 just because you knew from past years that they ended late is absurd. 4 a.m. is not some magic time, not some known time, not even some common time. These kinds of auctions end all over the map - from midnight in some cases to well into the following day in others. 4 a.m. was the time of this one. If there had been healthy bidding until 6 it would have ended at 6. If there had been no healthy bidding after 2 it would have ended at 2. They go late because they go late. Rob pulled the plug when it made sense to, not because of some sense of expectation on the part of some collectors. So now you're saying that we know they end at 4, and they know we know they end at 4, and we know they know we know they end at 4, so now they will end at 4. I don't even have anything to say to that little cause-and-effect fiasco. You can do the soft shoe on which is cause and which is effect, but I'm not getting into that crap.

And it is about having the last word with you - debate debate debate every little thing. I'm not playing. So I guess now would be a really good time to call me all kinds of bad names if you feel so inclined, because I'm not putting any more time into responding to your little word games to try to recharacterize your positions.

J

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