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Yes I agree. You see it all the time. At one auction I was bidding strongly. The agent said- "Oh she really wants it". Then I hit my ceiling and stopped dead. He was quite shocked. He asked if I wanted one more bid etc etc. I said no that's my limit. :p Another investor wanted it more.

The thing I hate about coming in early is that the pressure is on you. The auctioneer keeps asking you for a bid. I prefer to sit back and watch. If it slows down and is at my price I'll bid.