eBay bidding techniques

[ricercar]

Do you have a strategy? Do you pay more than you expected to?

http://www.nakedcapitalism.com/2009/11/swoopo-and-the-thrill-of-the-kill.html

[AndrewZorn]

i go back and forth between last-minute and a true single maximum bid (ie, there is no strategy)

it goes without saying that the dumb ones out there, checking it constantly, boosting their bid until they become the new winner for a day or so, are the ones that create most of the pandemonium.