The MTG Stalk Sheet
February 1, 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 Nasdaq and S&P futures are trading up significantly this morning in reaction to news of Microsoft's offer to buy Yahoo. Due to the large gap we are not listing any setups pre-market. Let's see how the market acts on the open and whether or not this gap holds before entering new positions.

"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

CNX - 73.82 (triggered 1/31)
VNO - 92.26 second entry (triggered 1/28 at 90.51)
GOLD - 47.51 (gapped open above trigger on 1/30)
ONXX - 49.15 (triggered with weak price action on 1/30)
UNP - (triggered 1/29 at 121.76)& (triggered 1/30 at 92 122.51)
GENZ - 75.51 (triggered 1/29)
AVB - 96.15 (triggered 1/29 on weak price and volume action)
USO - 72.76 (triggered 1/29)
RIMM - 94.01 (false triggered on the open)
HD - 29.36 (triggered 1/29)
BRE - 42.16 (triggered 1/28)
JLL - 67.20 (triggered 1/28)
GS - 193.61 (triggered 1/28)

Breakout entries -
CNX - 77.35
FCL - 52.85
AEM - 64.51 or 65.20 (false breakout on 1/30)

SHORT WATCHLIST AND TRIGGER PRICES
EGLE - 21.09 (triggerd 1/28)
GNK - 40.84 (triggerd 1/28)
EXM - 30.83 (triggerd 1/28)

Note - Be sure to check for earnings dates before entering setups from the self-serve list over the next few weeks.

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):

unrealized P/L = + $472

Closed positions (since last report):

net P/L = ($88)

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

$13,695

Notes:

Per intraday e-mail alert, we covered NIHD for a scratch due to the strength in the broad market.

Market Conditions / Gameplan:

Market Leaders

Leaders - ABX, AEM, BMRN, BVN, DBC, GOLD, GG, GLD, ILMN, PPDI, SLV

Leaders at/near the 50-day MA

(a key institutional support level) - HUM

Leading stocks breaking the 50-day MA (last week) - ESRX, IVGN, APOL

We are scanning for new leaders. Stocks that are showing relative strength and trading in tight ranges while the market corrects may be the leaders of tomorrow.

Open Position Detail:

VNO - Conolidating in a tight range, looks ready to move out over the next few days. No change in stop.

Click here for a free trial to Morpheus Trading Group's other newsletter services.

Please check out the MTG Stalk Sheet Subscriber Guide to learn how to get the most from your subscription.

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.

Copyright © 2002 - 2007 - Morpheus Trading, LLC
All Rights Reserved