Algorithm to determine how positive or negative a statement/text is

There is a sub-field of natural language processing called sentiment analysis that deals specifically with this problem domain. There is a fair amount of commercial work done in the area because consumer products are so heavily reviewed in online user forums (ugc or user-generated-content). There is also a prototype platform for text analytics called GATE from the university of sheffield, and a python project called nltk. Both are considered flexible, but not very high performance. One or the other might be good for working out your own ideas.

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