Twitter has become a social networking phenomenon, with more than 200 million users around the world.
Now, a London hedge fundis planning to harness the power of Twitter by making investment decisions based on real-time messages, known as tweets.
The fund's founder, along with an Indiana University professor, claim they can predict market ups and downsbased on Twitter trends and the various moods of tweets, which are 140 characters or less.
Using propietary technology, the fund will monitor tweets and sort them into ten catagories, such as calm or alert or happy.