The MTG Stalk Sheet
April 21, 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. After last weeks strong gains we are monitoring several stocks for light volume pullback entries. There are a few quality breakout candidates left. 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

PCU - pullback to 112 area (lows of range)
TRA - pullback to 50-day MA (around 43)
FDG - pullback to 58.50 - 59.00 (lows of range)
KSU - pullback to top of breakout range 41.50 - 42.00
OXY - pullback to breakout pivot from 80-50 - 81.25

Breakout entries (from cup and handles, bull flags, flat bases,and downtrends)
HXM - 64.21
RIMM - 125.11
FSG - 65.76
PRGO - 41.05
TCK - 48.01
DBA - 40.01
Note: Check earnings before entering new positions over the next few weeks.

SHORT WATCHLIST AND TRIGGER PRICES
BCSI - 19.18
CLX - 54.71
EQ - 38.17
MDP - 36.32

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 = + $399

unrealized P/L = + $388

unrealized P/L = ($235)

Closed positions (since last report):

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

$38,707

Notes:

MTL long triggered. Due to the volatility that MTL trades with, if our stop is hit within the first 5-minutes of trading we will use the 5-minute low minus 20 cents as our new stop.
We did not add to RIMM on the breakout above 124 due to the light volume. We will notify via email alert if/when we add to the position.

Market Conditions / Gameplan:

The market is in rally mode, so we are looking to establish new long positions in stocks pulling back to support or breaking out on heavy volume.
Market Leaders:
- none
Open Position Detail:
- RIO - Reports earnings 4/24. If RIO breaks out we will trail a tight stop to lock in gains ahead of earnings.
- RIMM - Held the gap up. No change in stop.
- MTL - Broke out on great volume early but faded in the afternoon. See notes section above for stop management.
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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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