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Subject: Re: Maybe OT

Author: Steve B

Date: 10:02:03 03/25/05

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>
>Why does kqsierraplayer2 keep increasing his own bids? Why does he go up from
>$820 to $1200 even though nobody else was bidding on it?


there is another bidder
the lead bidder placed a MAX bid
which means that he will appear as the lead bidder as long as all others bidding
dont bid over his max

so the second bidder seems to be bidding against himself but he is really
bidding against the lead bidder's max bid, but has not yet bid over the leads
max bid

an example

i bid $50 with a max of $100

you come along and bid $60

the bidding histroy will look like this


Blincoe  $65
Pallav    $60
Blincoe    $50


now you want to try to out bid me so you place a another bid for $70

new bid history:

Blincoe  $75
Pallav $70
Pallav  $60
Blincoe  $50


ok?

Best
Steve







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