The MTG Stalk Sheet
June 13, 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

Broad market indices failed to capitalize on yesterday's early momentum and reversed into negative territory late in the session. We took advantage of the opening strength by selling FSLR into resistance for a quick $700 gain. We also sold FLR for a scratch, as it showed relative weakness on the open. Considering how oversold the broad market is, the fact that we haven't been able to rally leads us to believe that there is still some downside left in this correction. Per The Wagner Daily's analysis, the S&P 500 has significant support of its 61.8% Fibonacci retracement and April 2008 low, right around the 1,325 level, which could trigger a wave of bullish momentum. If this scenario plays out, then we will look to establish a few short term longs for a quick momentum pop. As always, if any new trades are made we will notify via 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

BUCY - buy pullback to 70.00-70.50 (20-day EMA) reduce position size
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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
SM - 59.05
ERES - 16.43
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CMP - 83.26
BG - 125.01
STLD - 39.70
BZP - 24.20 (triggered 6/10)
AUXL - 35.51 (triggered 6/12)

SHORT WATCHLIST AND TRIGGER PRICES

New setups
NMX - 84.47
WFR - 60.74
SIAL - 56.31
---------------------------------
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 = + $10

unrealized P/L = ($188)

Closed positions (since last report):

net P/L = + $786

net P/L = ($74)

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

$13,413

Notes:

Per intraday email alert, we sold FSLR into resistance of the 20-day SMA for a quick $700 gain.
Per intraday email alert, we sold FLR for a scratch due to the lack of follow through on the open.

Market Conditions / Gameplan:

Broad market indices have had every chance to bounce from oversold conditions but can't seem to get anything going. We should see another leg down over the next few days.

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

Keep an eye on AAPL and RIMM to see if they hold above the 50-day MA.

Open Position Detail:

AMX - Rallied into resistance of the 20-day EMA again.
LM - Looks to be a SLOW grind down, with strong resistance from the downtrend line and the 10 & 20-day MA's above.

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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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