The MTG Stalk Sheet
January 22, 2008

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

The S&P, Nasdaq, and Dow futures are trading approximately five percent lower than last Friday's closing prices. We are currently flat, as the only position we had (GENZ long) stopped out for a small loss just after the open on Friday. Due to the large gap down we are not listing any long or short setups in the self-serve section. We will update these lists during the week as setups develop. We mentioned in Friday's Stalk Sheet that we have been laying low while the market is in self-destruct mode. We will eventually be looking for short setups if/when the market bounces, but for now we are patiently waiting in cash and preserving last year's profits.

"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

SHORT WATCHLIST AND TRIGGER PRICES

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):

Closed positions (since last report):

net P/L = ($123)

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

Notes:

Per intraday e-mail alert, we stopped out of GENZ beneath the 5-minute low at 79.77 (for a small loss).

Market Conditions / Gameplan:

Market Leaders

Leaders - ABX, ADM, AEM, BMRN, BVN, CPHD, GG, HUM, ILMN, PPDI

Leaders at/near the 50-day MA

(a key institutional support level) - ADM, MOS, TRA, POT

Leading stocks breaking the 50-day MA (last week) - AGU, APA, BG, CF, DE, DO, DRQ, EDU, MBT, MTL, PBR, POT, RIG, SWN, VIP

Deep corrections in the market serve to reset all chart patterns. This washout will eventually lead to a new bull market, creating new leaders and exiciting trading opportunities.

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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