From: Jeevacation <jeevacation®gmail.com>
To: Jeffrey M Matusow
Subject: Re: Market
Date: Thu, 06 May 2010 19:34:47 +0000
Ok
Sent from my iPhone
On May 6, 2010, at 3:21 PM, Jeffrey M Matusow wrote:
Markets continuing lower.
We are long Palladium from $525 and it is trading at $495. I think we should close out the position.
On the 30 year swaps we are long via options at 4.35% and the rate now is at 3.95%. I think we should cut half the
position in case this escalates. At the height of the crisis the rate hit a low of 2.50%.
Jeff
Jeffrey M. Matusow
JPMorgan Private Bank 140 West 57th Street, 33rd Floor, New York, NY 10019
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