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+ - Twitter-Based Hedge Fund is Making Money->

thebchuckster writes: Derwent Capital apparently finished its first month of trading in the fund at the end of July, beating the S&P 500, which fell 2.2 percent in July.

Basing the strategy on research published by the University of Manchester and Indiana University in October, the fund operates on the premise that the number of emotional words used on Twitter can be used to predict daily movement in the Dow Jones Industrial Average.

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Twitter-Based Hedge Fund is Making Money

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