EFTA00758575.pdf

From: Jeffrey M Matusow To: "Epstein, Jeffrey (jeevacation(t%gmail.com)" cjeevacationggmail.com> Cc: Paul S Barrett < Subject: Update Date: Mon, 17 May 2010 17:19:01 +0000 Risk is off again. Euro hit a low of 1.2250 this morning and is now trading at 1.2315 GBP also plummeted to 1.4250 but recovered to 1.4415. Your AUD/CAD position is moving in your favor too. The dividend trade is lower on the Euro weakness. Swap rates are lower, but so are short term interest rates. Goldman stock is down $5 to $138.50 Call me when you can. Jeff Jeffrey M. Matusow JPMorgan Private Bank I 40 West 57th Street, 33rd Floor, New York, NY 10019 Work: Email: IRS Circular 230 Disclosure: JPMorgan Chase & Co. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with JPMorgan Chase & Co. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties. EFTA00758575