A Fool-proof Google-based Sentiment Indicator? Wtf

Quote from tomtuttletacoma:

found this on one of my many deep sea internet trawls, i don't even know what to say. this in an indicator to remember for future market crashes!

it uses google to predict market tops and bottoms

http://tinyurl.com/9jghw3

The connection between online browsing, shopping and the market is well known.

I first read about it in 2002. Seems it lead the market by about 3 weeks.

A friend had a marble importing business. He said like clockwork when the hits on his website when up a lot about 3 weeks later the market would go up.

I assumed someone was using this for timing purposes.
 
Quote from jficquette:

The connection between online browsing, shopping and the market is well known.

I first read about it in 2002. Seems it lead the market by about 3 weeks.

A friend had a marble importing business. He said like clockwork when the hits on his website when up a lot about 3 weeks later the market would go up.

I assumed someone was using this for timing purposes.

so he was importing or exporting marble? this google trends seems like an interesting data source but with tricky causality.

some relationships are one way. others two way. seems like u need to do more stats analysis to prove on or the other.

i'm gonna keep "treasury bubble" in my bookmarks.
 
viz


Market bottom - Highest point was in October 9, shouldn't have to explain that one.
 
seems like this would have also been useful for other bubbles. i searched for ethanol, this is the chart for 2006's search volume above a chart for imperial sugar (IPSU)
 

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