Discussion in 'Technical Analysis' started by ARogueTrader, Feb 26, 2004.
The grocery strike may settle very soon...
what is your definition of soon??? and are you assuming? speculating? or know something???
Reports are heavy out here that the strike will be settled soon.
On an anecdotal basis, a friend of mine has a daughter that works for Von's---currently on strike--- (Von's is a division of Safeway--SWY) and she was contacted by her manager who told her to be ready and that she has a job waiting.
Supermarkets, Grocery Clerks Reach Deal
1 hour, 4 minutes ago Add Business - AP to My Yahoo!
By ALEX VEIGA, AP Business Writer
LOS ANGELES - Negotiators for grocery clerks and three supermarket chains reached a tentative contract agreement Thursday that could bring an end to the longest supermarket strike in U.S. history and send 70,000 cash-strapped employees back to work.
Greg Denier, a spokesman for the United Food and Commercial Workers union, declined to disclose details of the agreement.
The 4 1/2-month strike has inconvenienced millions of shoppers in Southern California and led to hundreds of millions of dollars in losses for the three grocery chains, which had taken a stand against rising employee health costs.
Officials with the union must submit the proposed contract to members for approval. It was not immediately known when they might end pickets and return to work. Voting could begin as early as Friday.
very detailed charts
are these the free service charts?
or were they paid
they seemed delayed data
I am closing out KR with a small gain.
Now that the news is out, there is little to drive it higher without earnings.
I thought we would have a bigger move with the strike settlement, but apparently that "news" was priced in.
On to the next!
Charts are from www.stockcharts.com
Yes, they are delayed by 20 mins.
how not to assume that news will impact a stock one way or another....
Check it out....
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