Author: Dick Schneiders
Date: 19:14:19 04/07/05
Go up one level in this thread
On April 07, 2005 at 22:05:47, Mike Byrne wrote: >On April 07, 2005 at 19:08:28, Steve B wrote: > >>Something is wrong in River City >> > >10-4 > >The leading bidder is German. The newbie is just having fun. You can tell when >somebody makes two bids and is leading with both bids - but what you can't tell >is how high the second bid is. BUT, when somebdy make two bids and they are the >top two bids(as in this case), , you can "safely" make a bid and not be a high >bidder because to make a second bid, even when one is the leading bidder, you >still have to bid the minimum. > >Anyobe can bid the next bid up and they will not be leading. So sometimes, you >do not want to make that second bid when you are leading unless someone else can >tell by the bidding that the winning bidder is "just" winning. > >"Safely" is in the context of making a bid but the bidder has no interest in >being the top bidder. > >I suspect the newbie here does not really want to win. I also believe he is not >a "newbie". He propably just figured out the above and was testing his >hypothesis that he could tell that he could safely bid. He is using a "newbie" >account in case his "hypothesis" is wrong - but he's right and after all those >bids , he knows he is right. > >Ebay is Infested with Shark Regards, > >Michael > >ps you bid here until the top two bids are no longer the same person and not be >the leading bidder. Mike, Good analysis - I never thought of that. However, why then would the "newbie" stop short of topping the lower of the two bids by the German bidder? You are probably correct in your analysis, but I cannot understand why anybody would bid *two* high bids early in the auction. They are just setting themselves up for getting bumped up, up and away. I can't understand a single early high bid.....but two??? Thanks for the thoughful analysis. Dick Schneiders
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