The MTG Stalk Sheet
March 11, 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

There are no new setups pre-market. We are not looking to do too much at these levels. Our scans produced just a few quality buy candidates (all natural gas plays - OXY, HP, and XTO). With the S&P 500 coming into support of the January lows, we want to avoid establishing new short positions. A bounce off these lows should provide us with better risk/reward entries on the short side. As always, if anything catches our eye intraday, we will promptly send an email alert.

"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

OXY - 76.11
HP - 44.85
----------------------------
SSL - 52.15 (gapped open above trigger)
XTO - 61.76
GGB - 31.30
XOP - 53.76

Breakout entries (typically trigger over a tight trading range)

There are no breakout entries - We will update this list as setups develop.

SHORT WATCHLIST AND TRIGGER PRICES
ADI - 26.39
EBAY - 25.19
CDNS - 10.55
FCH - 11.94
LLY - 49.24 (triggered 3/10)
CS - 47.13 (triggered 3/10)
TXT - 53.49 (triggered 3/10)

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):

48.15

unrealized P/L = ($33)

Closed positions (since last report):

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

$7,146

Notes:

The stop in AMB has been lowered to 48.15 due to the relative strength over the past few days.

Market Conditions / Gameplan:

Market Leaders

Leaders - ADM AEM, AKS, APA, BUCY, BVN, CHK, CMP, COG, DBC, DVN, ECA, EOG, EQT, FCN, FLS, GG, GOLD, NFLX, SGY, SLV, USO, WLT, XEC, XEC

Leaders at/near the 50-day MA

(a key institutional support level) - CF, HES, ILMN, MEE, PBR, RIG

Leading stocks breaking the 50-day MA (last week) - MON, RIMM

We warned that agriculture stocks were overdone on the long side (at the end of February), as they were chopping higher and due for a correction. CF, POT, and AGU were down big yesterday, and should come under further selling pressure over the next month.

Open Position Detail:

AMB - We raised the stop.

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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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All Rights Reserved

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