Check List
Date: 9/28/2000
Equity: RMBS
Sector: Semiconductors
Index:   PHLX Semiconductors -  SOX  Sector is very weak, hopefully putting in its double bottom bottom on Friday - don't count on it.  There has been a 58 trading-day downtrend in this sector.
            GSTI Semiconductor Index - GSM-CBOE  @ 352.01  200: 551.81  50: 463.63   Weekly: 530.48 Hopefully, it is nearing bottom that was last seen a year ago.
Market: NASDAQ

Opening price: 62 19/32
High:  65 7/16
Low:  60 3/8
Close:  60 9/16
Net Change: -6 7/64
% Change:  -9.1163%
Previous session high: 67 7/8
Previous session low:  59
Previous session close: 66 43/64
Previous volume:  5.063M
Todays volume:  2.615M -  Definitely weak volume.  Presidential uncertainty.  Lack of real conviction.  Not an indication of panic or major sell off.
Weekly: 50 EMA @  59.56 - RMBS has just tested the 50 Weekly EMA twice and bounced off of it.  This may be a good support base.  I sure hope so.  It is sitting right on it and may move to the upside from here. I LIKE THIS CHART!
Daily: EMA @ 61.81 Downtrending
200 EMA: EMA @  67.83  downtrending
50 EMA: EMA @  70.85 Bearish
Stochastics: %K 46.24 - %D 66.21  Neutral rating
Histogram:  -6.44 Strong reversal - bearish -
BBlines: 78.20 - 61.81 -  45.42
Short term support: 60
Long term support:  45.42
Short term resistance: 67.83
Long term resistance:  78.20
15 min: EMA @ 61.38  - below and downtrending
1 hour: EMA @  62.98  Downtrending

Candle Stick Pattern Signal: 

Inverted Black Hammer
Pattern		An upside-down hammer with a black body.
Interpretation		A bottom reversal signal with confirmation the next trading bar.

Evaluation:   Hopefully we are seeing the reversal of a four day downtrend.   Presidential uncertainty.  Low volume seems to indicate uncertainty, but not a major abandonement.
AX:
Sector evaluation:  SOX is weak.
Strategy:    Waiting for expiration of Options on Friday and resolution of elections.

Sweet spot: 
Entry 1:
% total:
Entry 2:
% total:
Stop loss 1:
Stop loss 2:
Target: 87 long / 76 short
Exit 1:
Exit 2:
Profit/Loss:

Previous Days:
9/26/2000
9/28/2000