> Yes I missed it, Chris Brogden advised a $30-$40 value. I
> bid $35 and it
> went in the last few minutes for $39. Is this common on Ebay
> - there seemed
> to be a flurry of bids in the dying seconds. Do people sit
> and watch these
> items until the last minute - is there an art to bidding?
>
> BTW thanks to everyone who responded on the K to screw issue. ( in
> particular Paul Prov, Bill Cass, D.Genn Arthur Jr & Chris
> Brogden) Really
> helped me.
>
> TTFN
>
> Peter
Sometimes the "flurry" of bids is just one person and the proxy bid of
another. Let's say the current price you see is $25.00. Well, what you
don't know is what the current high bidder's max bid is. If you start
bidding up in increments of $1, eBay will increase the high bidder's bid to
just enough to stay ahead of you *until* your bid exceeds his maximum bid.
At that time you become the high bidder and the "flurry" (which was all done
by you and eBay) is over. Assuming that nobody else bids too.
That's why I always advise folks to bid the maximum amount that they are
willing to pay for an item right away. eBay will trickle out your bid just
like that right up until the time someone exceeds your max. If you win, it
will be at a price you were willing to pay, or perhaps less. If someone
else wins it will be because he/she was willing to pay more but you can take
comfort in the fact that the winner paid too much for the item.
Taking advantage of the "Buy it now" feature will not get you the cheapest
price, but if the price is under (or at) what you calculate your maximum
price is, don't hesitate, just do it.
Len
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