The MTG Stalk Sheet
March 17, 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

U.S. futures are down just over 2% pre-market in reaction to the Fed's emergency discount rate cut on Sunday. There are no new setups for today, as we are focused on monitoring open positions on what should be a busy open. Just a reminder that MTG Gap Rules apply to any stock that opens at or below the stop price (due to the large gap down in the market, for any stop hit within the first 5-minutes of trading we will use the 20-minute low minus 10 cents as the new stop).

"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

MUR - 81.51
XTO - 61.76

Breakout entries (typically trigger over a tight trading range)
APC - 66.70
DNR - 33.12
APA - 120.70
MT - 80.35
MTL - 143.01
AKS - 56.40
CALM - 36.65
ABX - 54.90

SHORT WATCHLIST AND TRIGGER PRICES
EBAY - 25.19
LRCX - 37.19
FO - 62.74
NETL - 20.80
WYN - 19.80
MOT - 9.43
IMA - 28.40
ODP - 10.69

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 = + $266

unrealized P/L = + $125

unrealized P/L = ($54)

unrealized P/L = ($106)

Closed positions (since last report):

net P/L = ($372)

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

$51,471

Notes:

SOHU triggered our stop.

Market Conditions / Gameplan:

Market Leaders

Leaders - ABX AEM AKS APA APC BUCY BVN CALM CF CHK CMP COG DBA DBC DVN EAC ECA EOG EQT FCN FDG GDX GG GLD GOLD HP KWK MOS MTL NUE PAAS POT RRC SGY SLV STLD STR SYT UPL USO WLL WLT XEC XTO

Leaders at/near the 50-day MA

(a key institutional support level) - ACI AGU CF EWZ FCL MOS MUR OMG RIG RIO

Leading stocks breaking the 50-day MA (last week) - CNX, SPW, TNE

Natural gas, steel and iron, commodity etf's, and gold stocks are showing the most strength.

Open Position Detail:

HES - Trading in a tight range. No change in stop.
CTRP - Pulled back with market. No change in stop.
RIMM - Pulled back with market. No change in stop.
ECA - Showing relative strength. No change in stop.

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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.

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All Rights Reserved

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