May 13, 2009

Measuring the Ho Index just got a lot harder

The Ho Index is a little known (only to me I think) but highly accurate economic indicator. It's the average price charged for one hour of regular services by a hooker in Las Vegas. Unfortunately it's usually a trailing economic indicator as Hos are slow to lower their prices during a downturn, so it's hard to make money as you can't use it as a market timer, and you can't go short Hos.

Anyway, Craigslist has announced that they're getting rid of their erotic services section. While this won't do a damn thing to the overall level of Ho activity, it will make it a lot harder to measure the Ho Index. Don't you State AGs have anything better to do than pressure CL to drop this section? Like, oh I don't know, start prosecuting people for the years of massive fraud in the real estate and financial markets? Useless bastards.

Posted by: Hermit Dave at 05:24 PM | No Comments | Add Comment
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