Hedge Fund Uses Your Tweets To Predict Market Movement

``Derwent Absolute Return Fund Ltd was expected to launch with $40 million in assets but interest from investors is far greater and requests are up to nearly $100 million, according to IR Web Report... Turns out the brothers signed an exclusive contract with a couple of academics who wrote a paper about how to predict daily moves on the Dow Jones Industrial Average by tracking emotional words on Twitter... the initial research by University of Manchester and Indiana University academics said the emotions tracked on Twitter would predict market movements up to six days in advance with 87.6% accuracy.''