What's wrong with that thinking? Might be wrong financial move (everybody likes to save money) but if you like a colorway or shoe in particular you're not going to wonder if they'll go on sale before you buy them especially with the limited colorways or ones that might sell out, out of the blue. I know quite a few ppl that waited until they went on sale but missed out when they sold out fast and was kicking themselves for waiting.
I bought the blue and yellow pair (GR at that) release day with bday coupon mind you because i really liked them (#$%& hype or because everybody likes them). Might hit you later when they are under $100 but it is what it is. If I had a crystal ball I might have waited
I'm sure some ppl bought the Elites at retail didn't think they would go on sale either, they bought them because they liked them or just to resell.