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auction high level decision

#21 User is offline   ArtK78 

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Posted 2007-December-29, 15:00

whereagles, on Dec 29 2007, 03:57 PM, said:

1. That's obvious, but if you take that idea too far, you'll NEVER bid again after a pree. While it's true that usually preemptor sits quietly ever after, there are exceptions.

If you never bid again after making a preempt you will be right 99.999% of the time.
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#22 User is offline   rogerclee 

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Posted 2007-December-29, 15:12

ArtK78, on Dec 29 2007, 04:00 PM, said:

whereagles, on Dec 29 2007, 03:57 PM, said:

1. That's obvious, but if you take that idea too far, you'll NEVER bid again after a pree. While it's true that usually preemptor sits quietly ever after, there are exceptions.

If you never bid again after making a preempt you will be right 99.999% of the time.

I think not bidding again is an excellent guideline, but I don't think it's always true. At least not 99.999% of the time. Maybe 99% B).
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