From: Gianni Serazzi
Sent: Monday, June 1, 2015 3:21 PM
To: Jeffrey Epstein
Subject: Spoke with a couple of friends
In 2 HF where some friends work and that I spoke to this w=ekend, the main expectation is for a significant correction in
the next we=ks. Both have approved a reduction in long positions for the month. I am i=plementing a very defensive
portfolio
Ciao
G
</=iv>
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