From: jeffrey E. <[email protected]> Sent: Friday, July 13, 2018 11:11 AM To: Paul Barrett; Richard Kahn Im not angry, sorry, it is sad. =C2 it is apparent that you have no experience trading. =AO we both made a mistake. . the spy trades =ere the results of a rank amatuer. . you took =AO a postion on the direction of the market. ok.=C2 you decided to play it extra short time and short. =C2 . why? becaue the options are cheaper.=? knowing full well that time premium was running. =. first silly move. . I allowed as promised to give =AO you authority. . you set a target. . it h=t the traget , you moved in back. based on media reporting on =rump visit? you didnt act. the market dipped=and you panicked. . AMATEUR . wrong options =rong timing, no discipline and as a percentaage of investment. =AO a one day dip fof 25%. wanting to buy the highter str=ke , is ok. but why the same month? why the same moment. =C2 why the same index. . sorry. I h=ve taught this for many years. and your grade is an F. =C2 not one good move in many. . =AO re broadcom. the crack happend in the morning.=C2 options were higher. no alternative presented. =AO no analysis. , this is no way to manage money. =C2 I have lost a great deal of money hoping you would be ab=e to do as you promised you could . would.. Had y=u told me , jeffrey I d like to try a new job as a manager =AO lets start slow I can learn . i would be less annoyed= you told me you had great confidence knew the risks =AO and truly believed you would be able to raise money .do well and =rosper. . If it were not you, this wou=d have ended months ago.. we should work on a solution = not sure yet what shape it takes. please note The=information contained in this communication is confidential, may be att=rney-client privileged, may constitute inside information, and is inten=ed only for the use of the addressee. It is the property of JEE U=authorized use, disclosure or copying of this communication or any part=the