Straight: Crazy Bob believes that there's a theory involving the supernatural and he is right.
Any and all theory that Crazy Bob presents about the supernatural, no matter how insane, is always correct, down to the very last detail.
Crazy Bob predicted how everything would play out, up to and including the detail about the flying unicorns coming out of a portal to Hell, wielding penis swords with rainbow lasers coming out of them.
Downplayed: Crazy Bob believes that some kind of secret conspiracy or supernatural force working within his city. While there's no conclusive prove of his theory, there's something sinister behind all the events that surround Crazy Bob's town.
Justified: Finding out about the supernatural thing caused his craziness in the first place.
Inverted: Everyone except Bob is a Cloud Cuckoolander and while Bob is normally the Only Sane Man, in one case he gets something wrong that everyone else gets right.
Subverted: Crazy Bob theory of a supernatural conspiracy seems to be proven right - until it's revealed that he and his friends are on a reality show.
Double Subverted: The reality show is run by supernatural beings.
Invoked: Bob is Obfuscating Insanity in hopes that should the supernatural conspiracy learn of him, they won't feel a need to take action against him.
Deconstructed: No one ever believes Crazy Bob because even though every now and then he comes up with a theory that is true, for the most part he is spouting out random nonsense. He is eventually determined to be a danger to himself and/or others and is put away. When his prediction comes true, no one is prepared and poor Crazy Bob can't even protect himself because he's in a straight jacket.