I just read that twitter is opening access to the feed of all public "tweets" ie the "firehose" early next year.
I imagine this will spawn a flurry of people trying to extract useful information out of this stream, as there is the potential to get hold of information faster than any other source.
For a time, I think there is a profit in trading to be made for the ones that can best use this information. In the longer run I think this is just going to accelerate the rate of information transfer and make it harder to have any information others dont.
i hate twitter but what do you think this sort of thing means for trading and algorithmic trading.
(i am not a day trader, so forgive any ignorance)