On Thu, 26 Apr 2007 10:35:48 -0500, "Jason Rabel" <[EMAIL PROTECTED]> wrote:
>Some people put the maximum amount they are willing to pay and let it ride. >Others like to bid in smaller amounts (and maybe more impulse bidders). And then there are people like me who either manually snipe or use automatic snipping agents. Sniping is the process of bidding at literally the last second, timed so that no one else can come back and out-bid you. Snipping agents, third parties who do the snipping for you either for free or for a small fee, are generally the best way to go. You don't have to remember to monitor the end of auction and they usually have a fatter pipe to the net than you do, though 10MB dsl/cable pipes have mostly wiped out that advantage. I use an agent that gets my bid in from 1 to 5 seconds before the auction closes and only charges the modest fee if the snipe wins. I very seldom do sleazebay anymore but my overall history shows about an 80% win rate. For the kind of stuff I'm interested in (couldn't imagine putting 4 Large on an as-is instrument), bidding ahead of the end time simply runs up the ultimate price. I would frequently get things for the starting bid. I've observed that many time, nothing happens until someone finally puts in that starting bid. It's like a red flag in front of the bull. If that flag manages to not get waved early then the price usually stays reasonable. John --- John De Armond See my website for my current email address http://www.neon-john.com Cleveland, Occupied TN All great things are simple and many can be expressed in single words: Freedom, Justice, Honor, Duty, Mercy, Hope. -Churchill _______________________________________________ time-nuts mailing list [email protected] https://www.febo.com/cgi-bin/mailman/listinfo/time-nuts
