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To: Defrocked who wrote (52489)	7/21/1999 10:31:00 AM
From: John Pitera	Read Replies (2) of 86076

Def, I think we have seen a big time turn in the Dollar. The Yen looks very strong in here. The intervention attempts I feel are just about done and we should see $/Yen move to 110. the Yen has had a ceiling at the 117-118 level since March and this looks to be ready to give way. This is the time to be long the yen imo. In 3 months I bet we are at 100.00 I think that Gold is going to rally as well.

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