The MTG Stalk Sheet
June 10, 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

The futures are trading down almost 1% this morning. We have not been listing setups in the pre-market due to the whipsaw like action and high volatility as of late. We established three new positions yesterday via intraday alert (2 short, 1 long). If anything catches our eye intraday, we will promptly send an email/text 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

CRM - 70.05
CSIQ - buy pullback to 31.50-32.00 (50-day MA) take 1/4 or 1/3 position here for longer term hold
---------------------------------
MICC - buy pullback to 111-112 (lows of range)- reduce position size
RIMM - buy pullback to 127-128 (lows of range)- reduce position size (triggered 6/9)
MA - buy pullback to 288-289 (20-day EMA & lows of range)- reduce position size (triggered 6/9)

Breakout entries (from cup and handles, bull flags, flat bases,and downtrends)
STLD - 39.70
GGB - 52.61
BZP - 24.20

SHORT WATCHLIST AND TRIGGER PRICES

New setups
WFR - 62.69
CVH - 43.08
TSL - short bounce to 42.50 (50-day MA)
---------------------------------
LM - 51.95 (triggered 6/9)
AMP - 45.17 (triggered 6/9)
BCSI - 18.16 (triggered 6/9)
BDX - 81.95 (triggered 6/9)

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 = + $11

unrealized P/L = ($55)

unrealized P/L = ($61)

Closed positions (since last report):

net P/L = + $712

net P/L = ($366)

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

$20,488

Notes:

SOL triggered our stop.
Per intraday email alert:
- Covered OMG to lock in a quick $700 gain after a wide bar selloff into the prior low.
- Bought AEM on the break of downtrend line.
- Sold short LM on a breakdown of a tight range near the lows.
- Sold short AMX on a breakdown from a six week consolidation.

Market Conditions / Gameplan:

Commodity driven stocks continue to push higher or hold ground while the financials are rolling over. We will continue to add short positions in stocks that are showing relative weakness to the market. Any long positions entered will be in commodity related groups.

Market Leaders

Leaders - SQM PVA CLR ANR ENER CRK MEE WLL FMC CMP COG BUCY PXD CLF USO FDG JRCC EAC SCHN EAC MMR MT WLT X MA UNP V

Leading/strong stocks at/near the 50-day MA

(a key institutional support level) - ILMN DVN RIMM PH APA

Leading/strong stocks breaking the 50-day (last week) - CAT RIG GNK VIP

Solars took a beating yesterday, though CSIQ looks to be in good shape and is setting up for a buy entry on the test of the 50-day MA.

Open Position Detail:

AEM - We are looking for a close above 72.00.
AMX - Should hold below resistance at 56.00.
LM - Broke down beneath the lows of the range and made a new 52-week low closing price.

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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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