G, I hope you don’t mind me saying but a dinosaur you are not. The premise of this thread alone is proof enough of that. Though I do agree with Simon, your eloquence is second to none. Over the years I have often marveled at how you able able to write with such style and yet nary a hint of magniloquence.
I also find myself in agreement with Todd, market haven’t changed at all. They still go up, down, and sideways. I do believe however that the trader themselves and the way they trade has changed. Nowadays it’s all about volume analysis. Delta, Volume Profiles, and of course the most recent toy Market Depth. Don’t get me wrong, I certainly do not mean to diminish this form of analysis which I find has much merit and use myself. In fact quite a bit. The problem though as I see it is that this form of analysis calls the new aged trader like The Sirens song and once pulled by its attraction look no further. Simply put esoteric trading is out of vogue!
All is not lost though and Gann quoting from the Book of Ecclesiastes said it best “That which has been is what will be, that which is done is what will be done, and there is nothing new, under the sun.” Until then we are the teachers … the guardians … the keepers of the gate. I encourage all, as I have done often in the past, to participate. There is no such thing as a dumb question or insignificant post. They all count … right up to the hilt!
On a personal note, I may not be able to run down those does like I used to but I know some damn good shortcuts that gets me where they are going first.
All The Best,
Joe
PS I have been sidelined for a while with a minor health concern. I hope to be posting again soon.