Thread: REA Clock?
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Old 05-04-2008, 04:52 PM
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Default REA Clock?

Posted By: Eric Brehm

Joann -- the problem is, if you are the one who placed at least one bid in the current period, then you are expecting the clock to be re-set once again (since you know at least one bid was placed, i.e. yours). So if Rob decides to close at the end of the period you bid in, you are penalized. On the other hand, if you didn't place any bids in the current period, and are just waiting for the thing to end, then yes, it shouldn't matter to you if Rob closed at the end of the period because there were no bids by anyone (the traditional rule), or if there were just a few that he judged to be ticky-tack or whatever.

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