Yup. I feel so old-- I even know what a book is.
Our buisness is changing dramatically. No more pit. No more flambouant gurus. Forums are dwindling-- Very few savvy traders are willing to waste their time on today's forums (and I have a compendium of oldies and goodies from several forums)
The explosion of information makes every newbie an accomlished "technician". All points of support/resistance, fibo, bollingeer etc--- are knows to all -- so manipulation is changing its skin. You can hardly see "classical wyckoff" aparitions on charts. Yet volume is exploding-- I am not sure how all these are making a living or is it only laundring of some ill gotten money.
I wonder where the system is going. Lenny Dykstra is out of jail.