I always go into auctions and drafts with a specific plan in place. However, the key then is not to be married to the plan and be prepared to adjust. In this year's baseball auction, for example, my entire plan was built upon getting Bryce Harper for a price in line with what people had been paying for him. When he went several dollars above that price I dropped out of the bidding and essentially had to redo my entire plan on the fly.jerrye25 wrote:Do you guys go into an auction with a specific strategy in mind...something like studs and duds, balanced, look for as much value. Do you make a budget and adjust as you go?
I think the key in any auction or draft is to have a plan in mind that you want to implement but be ready for anything that can alter your approach. Regardless of the format, players' values will change and often dramatically in the league you're in. You have to be ready to pounce when someone slides in value and make a decision in an auction if a player is worth overpaying your prepared amount. In the case of the NFBC auction I should've just gone out and gotten Harper because I really wanted him and thought he was being undervalued. The decision to lay off proved critical. But sometimes laying off will work in your favor. But those are the types of decisions you need to make on the spot and what you decide to do could ultimately be the reason why you succeed or fail in that particular league.
So for our auction next week I'm putting together a plan and on Tuesday night we'll see how well I can implement it.
Tom and I are here for you today, so post some questions and we'll answer as soon as we can.
In fact, I think your downfall was spending too much on Rodgers and having $11 left for your last 11 guys. Damn, it's going to be a loooooooong season for you when those starters get hurt. Losing to me AND Tom could be the low point of your NFFC career!! 
Good luck man.