EFTA02424442.pdf

To: epstein, Jeffrey ([email protected], Jeffrey ([email protected])]: [email protected][[email protected]] Cc: Paul S Barrett Justin X Gratz From: Jeffrey M Matusow Sent: Thur 5/13/2010 7:07:30 PM Subject: Update We put on the short EUR and short GBP positions. Euro hasn't moved, but GBP fell a cent right after we put on the trade. We added EUR 5MM to the 2012 dividend trade at 100. The Dow is down 30 points. Swap rates are up slightly. Goldman is off $1.5 at $145.50. I'm out Friday. Paul will be here. Have a nice wknd. Jeff Jeffrey M. Matusow JPMorgan Private Barib loor. New York. NY 10019 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 wntten 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 EFTA_R1_01492314 EFTA02424442