When I first started on EBay, I sometimes used manual snipe - with a fast
'Net connection, it works pretty well. Then I got in the habit of bidding
with small increments. I think that's the worst technique :-) Auction fever
can definitely get to you.
Nowaday I just set a max. bid and be done with it. If I get outbidded way
before the End date, I may place another bid, but usually not.
At 08:15 PM 4/12/2002 -0700, you wrote:
That really wouldn't work for technical reasons alone. Many of us, and
others, use 'sniping' programs that bid in the last few seconds without
any bidding before that. A few days ago, Jim Brokaw out bid me on an item
that we both sniped. I bid the most that I was willing to pay. He was
willing to pay more, so he got it. Seems fair to me.
One reason people snipe is to try to get a better deal. Some buyers who
see bids near the end go over theirs will keep bidding up, some kind of
auction fever? By bidding at the last second, one avoids getting in a
bidding war one might later regret and avoids setting someone else up. If
cost is no object, just bid twice what you think it's worth and eBay will
automatically keep topping others' bids, including snipes --- unless you
run into a 'greater fool' (a technical term used in the economics of pricing).
Moose
...
// richard http://www.imagecraft.com
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