To: Jeffrey Epsteinfleeyacation©gmail.corn]
From: Bruce Jaeger
Sent: Tue 5/5/2009 11:49:37 PM
Subject: Catching Up

Title: Catching Up Jeffrey-

It seems like volatility wants to go below 30 and with VIX at approximately 34, we may just get there. I still believe that this is a bear market rally but, the momentum seems strong. I hope you are well and I would like to visit with you at the end of May. Let me know if you are up for me visiting with you for an hour to catch up. Take care and I hope to speak with you soon.

Best Regards-

Bruce W. Jaeger
Managing Member
Chatfield Capital Group, LLC
160 Central Park South
Suite 1903
<u>New York N.Y. 10019</u>