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Re: Strange bidder on this item



"Michael J. Mahon" <mjmahon@aol.com> wrote in message
20031003205527.05023.00000242@mb-m18.aol.com">news:20031003205527.05023.00000242@mb-m18.aol.com...
> Bill Garber wrote:
>
> >I agree, but I thought it odd that someone would throw
> >that much of a higher bid on so early. Doesn't make sense
> >to me.
>
> Well, one theory of bidding is that if you see something you
> like that you are willing to pay $x for, then you immediately
> (and finally) bid $x and wait to see if you get it.
>
> You don't make a series of incremental bids, since if you're
> willing to pay $x, you might as well go for it.

I agree, but you must understand that part of my eBay
fun is to see how much I can make them pay for it after
they have bid that $x amount. ;-)

> And you never respond to an "outbid" notice, since you
> are only willing to pay $x.  Responding to other bidders
> is only an emotional game that may cause you to bid
> more than you are willing to pay.

Again, see above. No, I don't usually go 1 for one against
a bidder, but when they bid $100 say over a $10 initial bid,
I like to try to see how far they have actually decided to go.

> It's not _my_ bidding theory, but it's one that eBay suggests,
> and implements in their proxy bidding system.

Control freaks everywhere. Always wanting me to do things
their way. God, how I loathe that.

Bill @ GarberStreet Enterprizez };-)
Web Site - http://garberstreet.netfirms.com
Email - willy4SPAM6pa@comXcast.net
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