twitter ticker February 13, 2009
Posted by James Webster in : web, finance , trackbackMy favourite Twitter client TweetDeck has been updated to include built-in support for the day-trading Twitter community StockTwits (via ReadWriteWeb);
You can think of it as Bloomberg for the little guy and gal.
Or more cynically, another place for uninformed traders (aka gamblers) to fall victim to pump and dump scams?
Clearly Twitter is no replacement for professional trading tools. That said, IM plays a significant role on many trading floors these days; the next time I am on ours I’ll keep an eye out for TweetDeck! There are a few other Twitter tools with a financial focus. Fred Wilson recommends mytrade’s Twitter quote bot. It would be interesting to see Twitter integration with a stock screening application as well… “@trader AAPL is trending above VWAP“.
I would sign up to StockTwits but I am less than keen on giving out my Twitter credentials. The sooner Twitter supports an OAuth-style authorisation mechanism for 3rd party websites the better. Despite signing up for Loic Le Meur’s Team Seesmic-Twhirl to try out Twhirl’s Seesmic integration (hmmm… is there a possible StockTwits and Seesmic overlap for a crowd-sourced Internet alternative to CNBC?) I gave it a miss when it required signing up for yet another social network account; between a handful of OpenID’s and Google/Facebook/Twitter account I think I am now waiting for them all to just start letting me cross-authenticate.
Finally, a plug for my own Twitter feed.
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