My strategy this year was to make a budget for myself on all the players I wanted. I won't go too much in-depth, because the league is made up of Cafe members (DK's league). I have a spreadsheet with my roster and my projected roster. Initially, I had Pujols on there, and I almost had him for about $39, which I was surprised about, but then one guy raised the bid all the way up to $50 and needless to say he won Pujols. Same thing happened with A-Rod.
Using this strategy, I can adjust my budget up or down based on how much I pay for the guys I target. If I find a steal I wasn't anticipating (Vlad for $35

), I update my projected roster by downgrading who I want to get. I have every last player I want listed, and since my max bid on Webb was about $19, and I got him for $14, I upgraded a few other positions on my projected roster.
It gets kinda technical after that, but you understand what I'm saying:
Set out a budget for who you want to get; if you find a steal, grab him and update your budget; save money for the guys who will go cheaper than they should, not the best players at each position (One guy in the league got Halladay, Pujols, and A-Rod - over 50% of his payroll in 3 players. He also now has Mike Maroth and Mo Vaughn..........seriously); and save money for the end of the draft, when guys go cheaper.
Using that strategy, I was able to get:
C-Jason Phillips
1B-Carlos Delgado
2B-
3B-Mike Lowell
SS-Alex Cintron
OF-Vlad Guerrero
OF-Carlos Beltran
OF-Jody Gerut
UT-Luis Matos
UT-Eric Hinske
SP-Jason Schmidt
SP-Roy Halladay
SP-Brandon Webb
RP-Francisco Cordero
RP-Justin Speier
I need some pitchers and a 2B, but I have the most money of anybody else left, so I think I'm in good shape. I say: use this strategy
