Friday, December 24, 2010

Twitter-Based Hedge Fund Claiming 87.6% Accuracy Set To Launch

London-based Derwent Capital Markets says the social-networking system is better at gauging market sentiment than just about anything else. In particular, use of “calm” motional words on Twitter, properly analyzed, lets the firm predict where the Dow Jones Industrial Average is going in the next two to six days with a remarkable 87.6%accuracy.

The entire story can be read here:
http://www.finalternatives.com/node/15021

No comments: