I purchased a bolt of Warm and Plush on Amazon on Friday for $149.99. It was supposed to be delivered on Sunday, but didn't arrive. I kept checking the shipping status, and discovered that it was damaged in transit and sent back to Amazon before I ever got delivery. So on Monday evening, after reading on Amazon's site that they DO NOT re-ship items that are returned as undeliverable, and this includes damaged goods in transit, I re-ordered, and the price had dropped to $141.18. Good for me! On Tuesday I was on Amazon again and noticed that the price had now gone up to $145.xx (can't remember the exact amount). THEN Amazon notified me that they were re-shipping the original order (even though the web site said they did not do that) but I was able to cancel it before they shipped. So I'm happy, saved a few dollars. Doesn't happen often!
However - if you wait around for the price to drop, it may go up instead, so Cari's advice is good.