Description:Â If you think tweets are worthless, you’re wrong. A professor has developed a program that uses tweets to predict where markets are headed.
Source: CNNMoney.com – video report
Date: 02/21/2012
Link:Â http://money.cnn.com/video/markets/2012/02/20/mkts_twitter_markets.cnnmoney/
Questions for discussion:
- Describe the basis for the predictive model.
- Why do you think it makes sense to some analysts?
- How does it resemble other technical tools?
- Would you have faith in its predictive value?
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