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If your positions on SE does not change, then it is logically a fluctuation in demand. Interesting that my site owners now all about it.
[webmasterworld.com...]
I totally agree with this theory, but it is not working for our site. Seems like it should be either seasonal, or consistant across days of the week (minus holidays), depending on the site's user base. I compare our site by comparing days of the week against each other over time. This is because our overall pattern is consistent this way. But still, some weeks are much lower than others. Very strange!