Travis in a rational world you are right but in an irrational one when someone sees a bid he might decide to go higher even if it exceeds what his max would have been in a vacuum. Thus a reason to snipe and not show your hand.
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Net 54-- the discussion board where people resent discussions. 
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at
https://www.jamesspaethartwork.com/
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