The MTG Stalk Sheet
April 14, 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 today. We are monitoring a few pullback situations from the self-serve list below. If anything catches our eye while scanning, we will promptly send an 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

PQ - 18.60
BZP - 18.51
PCLN - buy pullback to 50-day MA (117.00)
CSX - buy pullback to lows of range and 20-day MA at/near 55.00
KSU - buy pullback to lows of range and 20-day MA (38.50 - 39.00 area)
DE - buy pullback to 50-day MA (84.50 - 85.00 area)

Breakout entries (from cup and handles, bull flags, flat bases,and downtrends)
SID - 41.38
PCU - 121.15
UPL - 82.60
PVA - 49.13
JRCC - 20.70

SHORT WATCHLIST AND TRIGGER PRICES (stocks consolidating at/near their 52-week lows in a tight range)
BPFH - 9.99
DLX - 19.19
MVSN - 13.34
DF - 20.08
WNR - 12.64
XL - 29.74
CMA - 34.16

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 = + $265

unrealized P/L = + $38

Closed positions (since last report):

net P/L = + $6

net P/L = ($494)

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

$29,799

Notes:

BRKR cracked the 20-day MA and triggered our stop.
Per intraday email alert, we sold CHD for a scratch to reduce our long exposure. We will look to re-enter CHD on a test of the lows of the range or a breakout.

Market Conditions / Gameplan:

Leading stocks held up just fine during Friday's ugly action. Broad market indices escaped another day of distribution, as total volume came in lighter. We will continue to focus on the price action of leading stocks rather than the broad market. We are looking to establish long positions in stocks pulling back to support or breaking out on heavy volume.

Market Leaders:

Leaders - AEM AKS ANR APA BZP C CF CLF CMP COG CSX FDG GGB HAL JRCC MOS POT PXP SID SWN UPL X XEC

Strong stocks at/near the 50-day MA

(a key institutional support level) - BLK, DNA, PCLN, ITRI, DE, BZP, ODFL, AG, HES, ABV

Leading stocks breaking the 50-day (last week) - BCR, STT

Open Position Detail:

RRC - Has pulled back in a tight range with no wild action. No change in stop.
V - Held up well during Friday's plunge. No change in 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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