Subject:
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autoFAQpost /market/auction/execution/06_auction_going_state_timing.en.faq
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Newsgroups:
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lugnet.faq
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Date:
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Mon, 12 Jul 1999 23:19:44 GMT
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Viewed:
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1198 times
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Subject: What timing should be used between Going Once, Going Twice, and Sold?
Topic-Level: 1
Content-Language: en
Topic-Level: 0
Revision: Todd Lehman, 1996-01-08
Location: /market/auction/execution/
<P>It doesn't really matter, as long as at least 4 to 6 days elapse between the
time of a high bid and the time it is marked Sold. This gives people enough
time to respond even over a 3-day weekend.</P>
<P>48 hours between stages is a good rule of thumb.</P>
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