<nettime> High-tech trading, 2011 edition

[David Mandl <dmandl@panix.com>]

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

http://www.nytimes.com/2010/12/23/business/23trading.html

--------------------

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.

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


#  distributed via <nettime>: no commercial use without permission
#  <nettime>  is a moderated mailing list for net criticism,
#  collaborative text filtering and cultural politics of the nets
#  more info: http://mail.kein.org/mailman/listinfo/nettime-l
#  archive: http://www.nettime.org contact: nettime@kein.org