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by chii 1518 days ago
The idea of an inverse cramer index assumes that cramer is always telling the "wrong" thing - that is, his predictions are inversely correlated with the truth (or outcome).

That's not what cramer's predictions are though - his predictions are likely not far off from a random flip of the coin. So an inverse is likely to perform just as well (or poorly) as the real prediction!

1 comments

I'd always assumed his trader-buffoon shtick was to push the proles to trade a particular way so that his trader buddies could profit from the herd. But coin toss is probably as accurate and more charitable.