I just learned how one can be bid up....after they have entered their max bid. I have a bid on an item on ebay. But I put it in 5 days ago. Un-expected expenses have come up. I would like to lower the max bid I currently have on an item. But when I go to "My Ebay" and find the item.....it only has an option to "increase" your max bid. I don't see a way to cancel my bid entirely...and then put in a lower max bid...or how to change my max bid.....

Anybody kow how?