To: Jeffrey Epsteinfieeyacation©gmail.com]
From: Jeffrey M Matusow
Sent: Thur 6/10/2010 1:59:28 PM
Subject: Update

The Dow is up 2%. Euro back above 1.21. The dividends are up 2 points.

Let's talk about using this rally to put on hedges.

Jeffrey M. Matusow

JPMorgan Private Bank 140 West 57th Street. 33rd Floor. New York. NY 10019

Work: 212.622.7053 | Fax: 212.310.0108 | 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-retated penalties.