Last time when i was watching an expiring domain, it had no bids. When only one minute remained i jumped to bid with$12. The clock increments by 5min and then all of a sudden bidders come in with huge proxy bids. I lost a good domain (winning bid at low xxx). So, the next best strategy is to avoid bidding and wait for the domain to enter closeout stage and grab it at $11 asap. So when does the domain enter this stage? Does it appear in closeout according to some timezone or it does so immediately? Thanks for your time.