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Re: [RT] E-Mini Mini-Crash



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This was announced at about 6:30pm EDT.
 WorldCom Finds $3.7B Hidden in 
Books<A 
href="http://apnews.excite.com/article/20020626/D7KCKDLO1.html";>http://apnews.excite.com/article/20020626/D7KCKDLO1.html
 
P/E ratios have been shrinking.  I heard a statistic 
today on one of the cable channels.  It said there is a 43% difference 
between the "pro-forma" earnings that S&P companies are trying to pawn off 
on the investing public and their actual bottom line earnings.  That's a 
mighty big air pocket.
 
Someone needs get a rope and start stringing up the Chief 
Grifting Officers.  That ought to keep things in line for another 
generation or so.
 
Kent
 
 
----- Original Message ----- 
From: <A 
href="mailto:jharteam@xxxxxxxxxxxxxx"; title=jharteam@xxxxxxxxxxxxxx>Jeffrey 
Harteam 
To: <A href="mailto:realtraders@xxxxxxxxxxxxxxx"; 
title=realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx ; <A 
href="mailto:gannsghost@xxxxxxxxxxxxxxx"; 
title=gannsghost@xxxxxxxxxxxxxxx>gannsghost@xxxxxxxxxxxxxxx 
Sent: Wednesday, June 26, 2002 1:42 AM
Subject: RE: [RT] E-Mini Mini-Crash


<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Yes, 
been shorting it since the close of the US session.<SPAN 
style="mso-spacerun: yes">  Very likely to retest the 09/21/2001 low 
of +938.50-.  Break of this critical 
pivotal low &#8230;. There will be heavy shorting to say the 
least.
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> 
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Have a 
good one
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Jeff 
Harteam
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt">Hong 
Kong
<FONT color=navy face=Arial 
size=2><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 10pt; mso-bidi-font-size: 12.0pt"> 
<FONT color=black face=Tahoma 
size=2><SPAN 
style="COLOR: black; FONT-FAMILY: Tahoma; FONT-SIZE: 10pt">-----Original 
Message-----From: Norman 
Winski [<A 
href="mailto:nwinski@xxxxxxxxxxxxxxx";>mailto:nwinski@xxxxxxxxxxxxxxx]<SPAN 
style="FONT-WEIGHT: bold">Sent: Wednesday, June 26, 2002 1:30 
PMTo: <A 
href="mailto:gannsghost@xxxxxxxxxxxxxxx";>gannsghost@xxxxxxxxxxxxxxx; <A 
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx<SPAN 
style="FONT-WEIGHT: bold">Subject: [RT] E-Mini 
Mini-Crash
<FONT face="Times New Roman" 
size=3><SPAN 
style="FONT-SIZE: 12pt"> 
<FONT color=black face=Arial 
size=2><SPAN 
style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt"> Anyone notice 
that the S&P E-Mini is down about $25 on globex from it's afternoon close? 
<SPAN 
style="COLOR: black; mso-color-alt: windowtext">
<FONT color=black 
face="Times New Roman" size=3><SPAN 
style="COLOR: black; FONT-SIZE: 12pt"> <FONT 
color=black><SPAN 
style="COLOR: black; mso-color-alt: windowtext">
<FONT color=black face=Arial 
size=2>Looks to 
me like a delayed reaction to the Lunar eclipse. <FONT 
color=black><SPAN 
style="COLOR: black; mso-color-alt: windowtext">
<FONT color=black 
face="Times New Roman" size=3><SPAN 
style="COLOR: black; FONT-SIZE: 12pt"> <FONT 
color=black><SPAN 
style="COLOR: black; mso-color-alt: windowtext">
<FONT color=black face=Arial 
size=2><SPAN 
style="COLOR: black; FONT-FAMILY: Arial; FONT-SIZE: 10pt">Cheers,Norman<FONT 
color=black><SPAN 
style="COLOR: black; mso-color-alt: windowtext">
<FONT color=black 
face="Times New Roman" size=3><BR 
style="mso-special-character: line-break"><BR 
style="mso-special-character: line-break"><FONT 
color=black><SPAN 
style="COLOR: black; mso-color-alt: windowtext">
<SPAN 
style="COLOR: black; FONT-SIZE: 12pt"><SPAN 
style="mso-spacerun: yes"> <SPAN 
style="COLOR: black; mso-color-alt: windowtext">To 
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