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Totally agree, leave your bid till the last 20s or so ( there is software around that intergrates with Ebay for this but I've never used it ), and bid the most your willing to pay.
Only thing you might promote by bidding early is a war, $10 more than you wanted to bid earlier, can become, 20, 30, 40, etc. all because your ego can get hold ( that so and so isn't going to get me ).
Oh - and buyer beware - always ask questions, and if the answers don't satisfy you ask them again in blunt language. If it sounds like your getting something for a price to good to be true - it probably is. The seller may be an idiot, but there are plenty of bidders out there that know exactly what a specific item is worth.
Then again - sometimes your lucky ( I don't tend to fall into that category )
ciao!
Lance
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