Make Money with Domain Names

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Hi, Well i am based at India and providing website design services to small companies and individuals, i just came across a good blog few months back which shows that one can "Earn Money" with the help of Domain Name Selling... Its really simple but needs attention too, well as Real Estate Market is booming so as eReal Estate Market i.e. now there is scarcity of good domain names where you can bulid up a good website or blog. So what one has to do for making money with the help of Domain name is just go and BOOK a memorable and brandable domain name (Its not that easy as it sounds) and start selling them, who knows you can be luck one to get paid in $xxxx, I just sold one of my domain name that i bough for Just $10 few months back and i sold it for $40... So you can do it too... Let me know your opinion on the same..