The MTG Stalk Sheet
February 10, 2010

The MTG Stalk Sheet presents you with the best individual stocks that Morpheus Trading Group is stalking for potential trade entry each day, all in a concise and easy to understand format. Please be sure to read the MTG Stalk Sheet User Guide in order to understand the terminology below and to receive the maximum benefit from your subscription. Enjoy!


"FULL-SERVE" STALK LIST




MMR - McMoRan Exploration

  • Industry - Oil & Gas Operations
  • Side - Long
  • Shares - 300
  • Stalking since - Feb. 10
  • Timeframe - 5 - 20 days
  • Trigger - 15.70
  • Target - (will send alert)
  • Stop - see below
  • Notes -
      • MMR has shown great relative strength over the past two weeks.
      • Found support off the 20-day EMA.
      • Has consolidatied for two days in a tight range just below the 10-day MA.
      • The buy entry is over yesterday's high.
      • We are using a split stop: Stop 150 shares at 14.85 and 150 shares at 13.94.
      • Trade expectations - Depending on broad market action, MMR has the potential to double over the next three to six months. We are looking for a 20% gain from our entry point.
    "SELF-SERVE" STALK LIST - UPDATED EVERY MONDAY (Click here to view the "Self-Serve" Stalk List section of the user guide.)

      LONG WATCHLIST AND TRIGGER PRICES - (changes to trigger prices are highlighted in red)

      Pullback entries - (2-5 day pullback in a strong uptrend or pullback to the 20 & 50-day MA's)

        - New setups

      • AAPL - 198.11 (over two-day high)
      • CREE - 58.05 (early entry on potential downtrend line breakout)
      • NEP - 9.10 (downtrend line breakout if it can hold above 9.00)

        - Previous setups



        - Triggered
      • UTHR - 57.40 (move out after pullback to 20-day EMA)(reports 2/18) (triggered 2/8)
      • BIIB - 53.71 (holding support from lows of range) (triggered 2/9)
      • DAL - 11.65 (pullback to 50-day MA)(triggered 2/9)
      • MMR - 15.50 (holding support of 20-day EMA)(triggered 2/9)


      Breakout entries - (from cup and handles, bull flags, flat bases, and downtrends)

        - New setups



        - Previous setups

      • IPXL - 14.06 (break of downtend line)
      • NETL - 49.20 (breakout above three-day high)

        - Triggered
      • MJN - 46.63 (breakout from tight range)(triggered 2/9)
      • MR - 36.10 (break of downtrend line) (triggered 2/9)

        SHORT WATCHLIST AND TRIGGER PRICES

        - New setups



        - Previous setups



        - Triggered



    Daily Stalk Summary

    Below is an overview of all "full-serve" open positions, as well as a performance report on all "full-serve" positions that were closed only since the previous day's newsletter. Net P/L figures are based on the $100,000 Stalk Sheet model account size. Changes to open positions since the previous report are listed in red text below. Please review the MTG Stalk Sheet Subscriber Guide for important, automatic rules on opening gaps and stop prices:

      Open positions (coming into today):

        GMCR long (125 shares from Feb. 9) -
        bought 82.41, stop 79.68, target (will send alert), unrealized points = + 0.24, unrealized P/L = + $25

      Closed positions (since last report):

        (none)

      Current equity exposure ($200,000 max. buying power):

        $8,203


      Notes:

      • Per intraday alert, we bought leading stock GMCR as it moved back through the 20-day EMA.
      • Stay tuned for intraday alerts.
      • Be sure to check for earnings before making any trades over the next few weeks.


      Market Conditions / Gameplan:

      We are beginning to see more bullish setups from our scans. We may grab a few longs with reduced size for now, but we'll need to see confirmation of a bottom from the broad market averages before we get heavily long.


      Market Leaders:

      Monitoring the price action of leading stocks is the best way to gauge the health of the market (when the market is trending higher). Keep a watchlist of these symbols up at all times and review the price action every night after the close. This list of leaders is updated every Monday.

        Current / Potential Leadership

        UTHR MNKD NKTR JAZZ MMR TRGL TII ALGN BEXP CGA GMCR BIDU BIIB GILD GENZ LOPE




      Open Position Detail:

      • GMCR - Leading stock has the potential to move 30-50% higher over the next few weeks... if the market holds up.

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        Edited by Deron Wagner,
        MTG Founder and Head Trader

        DISCLAIMER: There is a risk for substantial losses trading securities and commodities. This material is for information purposes only and should not be construed as an offer or solicitation of an offer to buy or sell any securities. The Company and/or its affiliates, officers, directors and employees may or may not buy, sell or have a position in the securities discussed in The MTG Stalk Sheet and may profit in the event the shares of the companies discussed in The MTG Stalk Sheet rise or fall in value. Morpheus Trading, LLC (hereinafter "The Company") is not a licensed broker, broker-dealer, market maker, investment banker, investment advisor, analyst or underwriter. This discussion contains forward-looking statements that involve risks and uncertainties. A stock's actual results could differ materially from descriptions given. The companies discussed in this report have not approved any statements made by The Company. Please consult a broker or financial planner before purchasing or selling any securities discussed in The MTG Stalk Sheet. The Company has not been compensated by any of the companies listed herein, or by their affiliates, agents, officers or employees for the preparation and distribution of any materials in The MTG Stalk Sheet. Past performance never guarantees future results.

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