The MTG Stalk Sheet
June 12, 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 established two new long positions yesterday via intraday alert. There isn't much to do on the short side at current oversold levels, so we are patiently waiting for a decent bounce in the broad market to add shorts. If any new trades are made, we will promptly send an intraday 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

MON - buy pullback to 131-132 (prior breakout and 10-day MA)
CSIQ - buy pullback to 31.50-32.50 (50-day MA) take 1/4 or 1/3 position here for longer term hold
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)
CRM - 70.05 (triggered 6/10)
MICC - buy pullback to 111-112 (lows of range)- reduce position size (triggered 6/10)

Breakout entries (from cup and handles, bull flags, flat bases,and downtrends)

New setups
AUXL - 35.51
CMP - 83.26
NE - 66.38
---------------------------------
BG - 125.01
ABFS - 39.11
STLD - 39.70
BZP - 24.20 (triggered 6/10)

SHORT WATCHLIST AND TRIGGER PRICES
LM - 51.95 (triggered 6/9)
AMP - 45.17 (triggered 6/9)
BCSI - 18.16 (triggered 6/9)
BDX - 81.95 (triggered 6/9)
WFR - 62.69 (triggered 6/10)
CVH - 43.08 (triggered 6/10)

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 = + $151

unrealized P/L = + $53

unrealized P/L = + $35

unrealized P/L = ($223)

Closed positions (since last report):

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

$39,516

Notes:

Per intraday email alert, we went long FSLR and FLR.

Market Conditions / Gameplan:

We are monitoring leading stocks for potential buy entries as the broad market is at or near oversold levels.

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

Open Position Detail:

AMX - Nice reversal action after stop run above the high of 6/6.
LM - Made a new 52-week low yesterday.
FSLR - We bought the break of downtend line for a quick pop to the 270 area.
FLR - The bullish morning reversal action did not hold up into the close. 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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