The MTG Stalk Sheet
April 22, 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. There isn't much to do on the long side, as most of the better looking chart patterns report earnings within the next few days. However, we are looking to buy stocks that gap up on big volume from earnings that beat analyst estimates by 100% or more. Stocks that report blow out earnings have the potential to run 50-100% higher over the next six months. As always, we will promptly send an intraday alert if any new trades are made.

"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

We will update the list as setups develop (in stocks that do not report earnings during the next two weeks).

Breakout entries (from cup and handles, bull flags, flat bases,and downtrends)
PRGO - 41.05 (earnings 5/8)
TCK - 48.01 (triggered 4/21)
HXM - 64.21 (triggered 4/21) - earnings 4/23 after the close
RIMM - 125.11 (triggered 4/21)
Note: Check earnings before entering new positions over the next few weeks.

SHORT WATCHLIST AND TRIGGER PRICES
MDP - 36.32
BCSI - 19.18 (triggered 4/21)

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 = + $698

38.74

unrealized P/L = + $652

unrealized P/L = + $452

Closed positions (since last report):

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

$39,996

Notes:

Note the change to the stop price in RIO (in red above). We are trailing a very tight stop to lock in a + $500 gain. We would normally keep a very loose stop, but we are not interested in sitting through a pullback so close to earnings.

Market Conditions / Gameplan:

We are patiently waiting for stocks to pullback to support or breakout/gap up from earnings to establish new positions.
Market Leaders:
- none
Open Position Detail:
- RIO - Broke out to new higs. We are trailing a tight stop above.
- RIMM - Broke out from the handle area. No change in stop.
- MTL - Broke out to new highs. 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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