I think they canceled the Alert. check out the USCG news site for updates.
from the USCG News site;
BOSTON- The Coast Guard is searching for a person in the water 46 miles east of Gloucester, Mass., Oct. 30, 2010.
Coast Guard Sector Boston received a report from the fishing vessel Miss Lyndsey II that one of their crewmen was missing, after he was witnessed falling overboard.
Coast Guard Air Station Cape Cod launched a HH-60 rescue helicopter at 8:36 a.m. The helicopter is on scene and searching for the victim. Coast Guard Station Gloucester launched at around 8 a.m., and is expected to be on scene around 11 a.m.
The Coast Guard is also responding with the Coast Guard Cutter Sanibel, the Coast Guard Cutter Vigorous, and the Coast Guard Cutter Hammerhead. The Sanibel is currently on scene. The Coast Guard Cutter Hammerhead has been directed to launch and is expected to arrive later tonight with the Coast Guard Cutter Vigorous.