Comments on: Predictive Product Markets http://www.consumerismcommentary.com/predictive-product-markets/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Wed, 23 May 2012 18:03:26 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Steve Odom http://www.consumerismcommentary.com/predictive-product-markets/comment-page-1/#comment-1382 Steve Odom Mon, 26 Dec 2005 21:51:01 +0000 http://wp.consumerismcommentary.com/?p=718#comment-1382 Thanks for the checking out my site. IYou guys are right, that eventually the salesranks for products will go up. And that shorting products with a salesrank of 1 is an automatic money maker. However, the salesrank will fluctuate (go up and down) on its way down and allow traders to profit (try to at least) on these fluctuations. Anyway, I am open to suggestions on the pricing algorythm. Thanks for the checking out my site. IYou guys are right, that eventually the salesranks for products will go up. And that shorting products with a salesrank of 1 is an automatic money maker. However, the salesrank will fluctuate (go up and down) on its way down and allow traders to profit (try to at least) on these fluctuations.

Anyway, I am open to suggestions on the pricing algorythm.

]]> By: jim http://www.consumerismcommentary.com/predictive-product-markets/comment-page-1/#comment-1381 jim Fri, 23 Dec 2005 17:14:44 +0000 http://wp.consumerismcommentary.com/?p=718#comment-1381 Perhaps they should modify their algorithm to include time (time at #1) or retireat30 will dominate forever! :) Perhaps they should modify their algorithm to include time (time at #1) or retireat30 will dominate forever! :)

]]> By: Retireat30 http://www.consumerismcommentary.com/predictive-product-markets/comment-page-1/#comment-1380 Retireat30 Fri, 23 Dec 2005 07:38:45 +0000 http://wp.consumerismcommentary.com/?p=718#comment-1380 This is, unfortunately, an utterly gameable system. You can short any item with impunity knowing that it is eventually going to take a dive in popularity. Right now, I am short 1,000 shares of Cronicles of Narnia Box Set. It had its debut at 1, it has nowhere to go but down. That isn't to say that a better algorithm can't be developed, but now, it is as gameable as tetris. This is, unfortunately, an utterly gameable system. You can short any item with impunity knowing that it is eventually going to take a dive in popularity.

Right now, I am short 1,000 shares of Cronicles of Narnia Box Set. It had its debut at 1, it has nowhere to go but down.

That isn’t to say that a better algorithm can’t be developed, but now, it is as gameable as tetris.

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