If you have many different themes like me, the question is yes. My golf site is very busy at the moment, some of my other sites are not as buy as can be.
It depends, for example an arcade web site may have extra traffic during christmas or any other special event, whilst a web directory may decrease in both and traffic and revenue during this period.
It depends on which people visit your web site, for example if your web site only attracts webmasters you may experience a decrease during weekends, however if you targeted an younger audience, kids and teenagers you would even get extra traffic during weekends/holidays.
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