From: John Conover <john@email.johncon.com>
Subject: People are worried
Date: 16 Aug 2001 16:43:51 -0000
The correspondence section of the www.johncon.com site has more hits per day than any other part of the site. You can kind of tell the mood of the public by what folks are looking for-generally brought there by an Internet search engine. If the stock market has glitched down, they are looking for consolation that its just a glitch-or if the market is up, they are looking for how long it can go up-and how to exploit it. But over the last three months, or so, the page requests have had a very decided GDP'ish nature to their content, where the three messages: http://www.johncon.com/john/correspondence/990905134341.23530.html http://www.johncon.com/john/correspondence/990902225125.29777.html http://www.johncon.com/john/correspondence/990215192020.29398.html comprise about a third of the total hits on the entire site-the first page getting hit three times as much as the second or third! Its interesting that people are three times more interested in the depth of the current economic down turn than its duration, too. John BTW, these moods are self-fulfilling prophecies-its the slight persistence we see in the fractal dynamics of things economic; its the "engine" of the fractal dynamics. In all three pages, the annual dynamics and the quarterly dynamics are related by a simple scaling constant-the very definition of a fractal, (the technical terms are self-similarity and self-affinity.) A pyramid scheme has the same thing, in case you are curious. -- John Conover, john@email.johncon.com, http://www.johncon.com/