From: Gianni Serazzi Sent: Thursday, January 7, 2016 8:53 AM To: jeffrey E. Subject: Re: Great, thank you. Retail us I suppose? Please let me know when to close that position in the next months. Also after 18 months short emerging some deep pockets are re=tarting to invest there excluding China with longer term horizon. I will f=llow them Thx On Jan 6, 201611:44 PM, "jeffrey E." =lt;jeevacation@gmail.com <mailto:jeevacation@gmail.com» =rote: retail short a great trade please note T=e information contained in this communication is confidential, may be a=torney-client privileged, may constitute inside information, and is int=nded only for the use of the addressee. It is the property of JEE communication or any pa=t thereof is strictly prohibited and may be unlawful. If you have recei=ed this communication in error, please notify us immediately by retu=n e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication an= all copies thereof, including all attachments. copyright -all rights r=served EFTA_R1_01317503 EFTA02346484