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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 …. 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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