I've been looking for more
sitemeter traffic graphs. They aren't as easy to find as I'd like. It would be great if somebody would put together a custom search engine to help me find them (
hint, hint.) After much searching, I found two more. First up,
defamer.com.

Defamer is a celebrity gossip rag (their words, not mine), currently ranked 5,716 in Alexa. According to sitemeter they are getting somewhere around 250,000 visits per day. Shown here is their 30 day visits history (in green) overlaid with their Alexa Reach graph (the blue line.)
This graph provides further evidence that if you are a popular site, you can expect to see correlation between Reach and Visitors.
I should probably mention, just to be clear, that Reach and Visitors aren't the same. Reach describes the percent of all Internet users who visit a site, while Visitors describes, well, visitors. The net effect is that a reach measurement will tend to constrain the peaks and valleys on the graph. But for the purposes of this experiment, they are close enough.
Next up,
michellemalkin.com.

Michelle Malkin's site is a political blog, currently ranked 7,898 by Alexa. According to site meter she gets about half the visitors of defamer.com. Shown here is Michelle Malkin's 1 year visitor graph (in green) overlaid with her Alexa's reach history graph (the blue line).
Over the course of the year the reach graph is doing a pretty good job of following the trend of her site.
The Reach measurement, because it measures percent of all Internet users, as opposed to total visitors, is, over time, going to expose some variations based on geographic Internet usage. In this example, you can see some of it. Her site traffic was flat March through November, but Alexa shows it trending downward. This is because the percent of US users, compared to all users, is trending down, and hence the percent of Internet users visiting her site goes down with it.
As I mentioned earlier, defamer gets about twice as many daily visitors as Michelle Malkin. Do the Alexa Reach History graphs confirm this?

Looks just about right. Defamer looks to have an average of somewhere around 0.045% Reach, while Michelle Malkin has 0.022%.
While these two hand-picked examples happen to look great, I could probably find others that don't look great, especially for sites that have less traffic than these. In other words, the Alexa graphs, while helpful and informative, are not always perfect. One look at the graphs above and you can see that they are only approximations. But, if used properly, Alexa can be a useful indicator of trends and, if you use some discretion, relative popularity.
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