David Mandl on Fri, 24 Dec 2010 16:12:29 +0100 (CET)

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<nettime> High-tech trading, 2011 edition

If buying WebVan stock at $800/share in 1999 wasn't dumb enough for you, read on:



Lexalytics, a text analysis company in Amherst, Mass., that works with Thomson Reuters, says it has developed algorithms that make sense out of Twitter messages. That includes emoticons like the happy-face :) and the not-so-happy :\.

“This is where the news breaks,” said Jeff Catlin, the chief executive of Lexalytics. “You have a leg up if you are a trader.”



Dave Mandl
Web: http://www.wfmu.org/~davem
Twitter: http://twitter.com/dmandl

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