To: epstein, jeffrey (jeevacation@gmail.com)[epstein, jeffrey (jeevacation@gmail.com)];
jeevacation@gmail.com[jeevacation@gmail.com]

Cc: Paul S Barrett
From: Jeffrey M Matusow
Sent: Mon 5/17/2010 5:19:01 PM
Subject: Update

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 140 West 57th Street, 33rd Floor. New York. NY 10019