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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (37527)	6/28/2002 10:20:07 AM
From: Gersh Avery	Read Replies (1) \| Respond to of 52237

Question .. Wednesday the talking heads on CNBC were saying that the SPX was trading below the Sept low .. I've got a low in Sept of 944 and change .. is that a bad data point? Does anyone else out there have a different Sept low number?

To: Paul Shread who wrote (37527)	6/28/2002 8:16:12 PM
From: dawgfan2000	Respond to of 52237

Longshoremen gather as contract talks stall By Justin Pritchard The Associated Press BEN MARGOT / THE ASSOCIATED PRESS Port workers applaud Teamsters President James P. Hoffa’s speech at a rally yesterday in Oakland, Calif. OAKLAND, Calif. — Just four days before their contract expires, longshoremen rallied yesterday in West Coast ports, warning shippers they are prepared to strike unless there's progress at the negotiating table. The rally came the day after both sides said the talks, which began May 13, are not going well. The contract between the shippers and the 10,500-member union expires at 5 p.m. Monday. "We demand a share of the wealth we produce every day," union president Jim Spinosa told about 500 placard-waving supporters at the Port of Oakland. Union members also rallied in Seattle, Los Angeles, Portland and other cities. Teamsters President James P. Hoffa promised that his 1.4 million members, who drive the trucks that deliver and pick up goods from the port, would honor and join any picket line set up by the dock workers. Even without a deal by the deadline, labor unrest isn't guaranteed. In 1999, the deadline came and went, longshoremen kept working and about two weeks later the two sides settled. By law, President Bush also can impose a cooling-off period to keep longshoremen on the job while negotiations continue. West Coast docks had strikes in 1934, 1936-37, 1948 and 1971. Spinosa said there are no plans to strike, but workers could walk if a breakthrough seems beyond reach. The contract between the International Longshore and Warehouse Union and the Pacific Maritime Association controls the flow of goods through America's 29 major Pacific ports. Last year, that trade amounted to $260 billion in cargo. A strike or lockout would slow goods from Asia to a trickle and ripple through the nation's economy. Shippers say the ports must modernize to compete in the global economy. Union leaders say what they really want is to move certain tasks — such as tracking cargo manifests — beyond the union's control. seattletimes.nwsource.com