The MTG Stalk Sheet
December 17, 2007

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



JCI - Johnson Controls

  • Industry - Auto Parts
  • Side - Short
  • Shares - 200
  • Stalking since - December 17
  • Timeframe - 3 - 10 days
  • Trigger - 35.84
  • Target - 33.26
  • Stop - 37.61
  • Notes -
      • JCI failed a breakout in late October and collapsed off the highs.
      • Has found support at the 200-day MA over the past month.
      • There is also support from the prior lows of September at 35.50
      • Our enrty is beneath Friday's low.
      • The stop is placed above the two day high and the 200-day MA.
      • Trade expectations - Look for JCI to breakdown below support on a pick up in volume.
    "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

      Pullback entries -

    • SIGM - 67.60
    • MTL - 97.21
    • POT - 129.26
    • LULU - 47.37
    • LVS - 120.35
    • ISRG - 335.51
    • BG - 117.01

      Breakout entries -

    • STP - 85.11
    • WFT - 67.62
    • OXY - 73.62
    • CSIQ - 25.01 (speculative solar)
    • LDK - 60.01
    • RIG - 137.76 (early entry) & 140.00 (breakout)

      SHORT WATCHLIST AND TRIGGER PRICES

    • VLO - 64.49
    • JCI - 35.84
    • CROX - 39.79
    • NTRI - 27.49
    • FIS - 42.69
    • SEE - 23.09

    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:

      Open positions (coming into today):

        flat

      Closed positions (since last report):

        (none)

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

        $0


      Notes:

      • none


      Market Conditions / Gameplan:

      After a light volume morning rally, stocks crumbled in the afternoon session on Friday. Coming into the holidays we expect total volume to decline and volatility to pick up. The best long setups right now are from oil and solar.


      Market Leaders:

        Monitoring the price action of leading stocks is the best way to gauge the health of the market. This list of leaders is updated every Monday.

          Leaders - BMRN, MOS, HES, VIP, OSIP, APC, FSLR, STP, SPWR, DE, SIGM, MA, JEC, DO, ESRX, MON, MTL, DECK, RIG, UTHR, UPL

          Leaders at the 50-day MA (a key institutional support level) - AGU, GOOG, GME, VMW, AMZN, GRMN, CMI, CAM, CMED, BVN, LVS,

          Leading stocks breaking the 50-day MA - NOK, SLB, CHL, MGM, RIO, FLR

        Notes on leaders:

      • Solar and oil stocks are showing great relative strength.

      Open Position Detail:

      • flat


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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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