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#4
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Unfortunately there are lots of things that are going to affect high-end transaction declines over a short period of time. We're fresh off the holidays. Maybe one of the people who helped bid a card up before isn't an active player this time around. Maybe they just made a big purchase elsewhere, etc. Heck, maybe someone just missed an auction.
I think your point in tracking high-end sales is a valid way to help determine if the stock market is affecting purchases. I just think that it has to be tracked over a longer period of time. I'm not sure we can look only to the recent auction sales and come up with any real correlation since there are a lot of other factors at play.
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