What is the policy on cheating buyers who retract their high bid, then bid lower and buy the item?

[bee1956nut]

There is a buyer who lurks around the Thai jewellery stores. 

She/he likes to make huge bids on items, thern once he/she has seen how high the other bidders have goneor are prepared to go, she retracts her high bid, he/she goes back and places a lower bid.

ie she places 380 bid on an item, then watches how high the other bids go, then she retracts her high bid and goes back and bids lower.

I thought if you retracted a bid on an item, that you were not supposed to bid again, unless it was a mistyped amount, in which case you must bid again immediately. She rebids days later.

Is what she is doing agaisnt policy? The sellers lose out too!

[bee1956nut]

Thanks springyzone.

I took your advice, read up on remote bidding and signed up for one 

Works brilliantly. Still have to make high bids but don't have to babysit auctions at 3 am.

Great thinking 99   : ))

Cheers