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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (23451)	6/5/2013 3:35:50 PM
From: deeno	Read Replies (1) \| Respond to of 24758

One must stand up once in a while and admit they do not have expertise in a particular area. Getting smacked around here just adds to the fun. Plus I have a bit of time. "ET flow tells you PER is quietly and strongly being bought. ET flow, not me, tells you what the market is doing." HAve you not said the ET flow is not a good predictor of stock price movement. I took that to mean that your ET flow was a piece of the puzzle not the puzzle. "But I fail to see how using common stock metrics would have any value in what seems to be a royality trust. Imposing your own level of incompetence on the market? Sounds very subjunctive. " no, actually I admitted I didnt know much about small oil and gas. You could have said why I was wrong and why the metrics were valid. Are you saying ET flow is governed by the metrics you quoted. those metrics are just being discovered and ET flow substantiate thier validity? "I shied away from trusts as they seem to be self liquidating assets. A logical error, reasoning with wrong induction." thats ok, care to elaborate? "Tracks oil pretty close False AND irrelevant." Oil and gas prices wouldnt move a royality trust? seems counter intuitative. More an expectation of further development? I just dont have much in the way of tentacles in texas drilling. But hey I'm interested. "and my view of oil is similar to gold Totally false." Well you kind of cut that off. Similar in that I believe both are currently overvalued and that each seem to trade whimisically to me. That statement will be false if either Gold and oil go up in the next 6 months or so, or you can show me how logically each one follows a predictable path. "Didn't you say you were a stockbroker? " No, more of a love. I did work on the NYSE for a time when the DOT system was just rolling out on 100 and 200 share market orders. I do have a pretty thick skin though, I wont tire of the banter (well until you cut me off, anyway). I like to think I'm open to new ideas and thinking so anytime you want to substantiate your views to someone that started out with the comment, that its not my area of expertise but....................... So curious what came first the ET flow or the metrics you brought out? Did you actually have any specific knowledge about the company? know some drillers, landowners, geologists that brought it up on your radar screen? Just curious... Funny in the end I gleaned you didnt think PER was that great an idea. As if you were putting up a straw man that you could support or not support depending on who stepped up.