From: Jeffrey M Matusow

From: Jeffrey M Matusow To: Jeffrey Epstein <[email protected]> Cc: Michael A Taormina < Subject: Ideas Date: Mon, 19 Apr 2010 14:23:24 +0000 > Jeffrey, I hope you had a good weekend. INR sold off on the GS news Friday. We still think they raise rates by 50bp tomorrow (vs market expectation of 25bps). I want to increase the exposure at better entry levels by buying a 1 month INR call. Let me know if that's ok. We saw Harry on Friday and are sending him list of all positions daily. We'll send it to you at the end of every month. I'm glad we took profit on the JPY positions. Waiting for some more JPY strength to re-initiate. Jeff Jeffrey M. Matusow JPMorgan Private Bank I 40 West 57th Street, 33rd Floor, New York, NY 10019 Work: I Fax: I 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. EFTA00760143