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Many people are deeply interested in the Stock Market. Indeed, much of our
public activity seems to be driven by the pursuit of the "good life" as
symbolized by wealth and luxury, and that in turn is apparently supported by
the stock market's good behavior.
So when the behavior turns bad, as it did on
April 14 2000, to yield a record drop of more than 600 points, lots of people
were concerned and closely focused on the steady decline from opening to close.
Marsha Adams suggested that the EGG data might reflect this as well, so we
pulled the data from 9:30 to 16:00 (13:30 to 20:00, UTC) to assess her
tentative prediction. As has been seen in previous explorations of the effect
of the market on our measure of global consciousness, the EGG data
in this case do not show a clear trend, and are indistinguishable from a random walk.
The following graph shows these data, which have
Chisquare = 783.9 on 777 df for a p-value of 0.424.
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