heh, I wish.
I do like Maskoi suggest for stuff I want to know where it is when I look for it.
I also keep a Collection only bag in slot 1, and some TS bags in slot 2-3. Any item not a shiny or TS item will slide over to the first normal bag slot available. Then it is just a matter of making sure, before you start hunting/looting, to clear out your normal bags as much as possible, and what is left... consolidate it so you know where the "new" loot will end up.