The economist published a recession index along similar lines (the occurrence of the word "recession" in the daily press). Was reading the other day that the process of mining the internet for sentiment readings is now being automated (see below). Would be interesting to apply it to trading.
http://www.nytimes.com/2009/08/24/technology/internet/24emotion.html
tippsy tuesday, page-23
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Last
8,071.1 |
Change
71.800(0.90%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,999.3 | 8,081.6 | 7,999.3 |
| XJO (ASX) Chart |