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Most owners are in the hunt each week for the new top free agents, guys who have been thrust into a starting role by injury, or who have been promoted to the first team because of another's poor performance. That is an important part of managing your fantasy team, but you can find some real bargains by going shopping after the waiver process is complete each week.
Early in the season, player values fluctuate wildly. It is very possible to cut and add players to quickly improve your team's depth. Usually there is an open period of the waiver process late in the week before games when owners can attempt to exchange players on a first-come, first-serve basis. At that time, you can often pick up underrated defenses or kickers because many people overlook these less glamorous slots in their starting roster.