1) what types of mods are sought after and what do they do? (ive guessed enhanced effect is good, but why?)

2) what do i do with fishing poles? ive collected a bunch, can i sell them? and if so, how much?

3) what is glyphing and how does it work? is it similar to the well (which i have played with?)

thanks!

You can learn a whole lot by reading this page (and the links on the left as well): http://ladderslasher.d2jsp.org/index.php?g=7

Enhanced effect is good because it, well, enhances the effect of the item it's like the enhanced damage or enhanced defense from diablo 2. It makes weapons and charms hit for higher, and gives armour better defense. Other sought after stats are strength and dexterity for melee and intelligence for casters. Those are the main ones, but there are other things which people need as well. Like life/mana regen and extra item slots but EE, strength, dexterity, and intelligence are the most valuable ones

2) You can only sell Fishing Poles if they have mods on them, for example +durability. Otherwise you can't put them on the Market place.

3) When you well, you just throw the item in, and you have to fight a mob. During Glyphing you have to click the corresponding buttons as the text pops up on the screen. If you successfully do this, the items properties are then put on a glyph in which you can use on yourself and you'll gain the added effects for a short period of time.