Hmmmm... when you go to a live auction you do not bid an hour before and then wait. It all happens real time. Look at it like this, the seven days or whatever the seller chooses to list at is really like setting the date and time for the actual auction. You look to see when it will end and if interested you show up and bid.
There are still deals to be had. My friend was getting married and wanted to buy watches for the wedding party. He picked out some seiko kinetics that were $450 each msrp. The best deal he could find was to get the nine he needed for around $3k. I went on ebay and found new old stock of seiko kinetics that had an msrp of $485. I got the nine of them for $1300 plus shipping. He liked them more.
