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To: Haim R. Branisteanu who wrote (80283)	8/30/2003 4:29:00 PM
From: Joan Osland Graffius	Read Replies (2) \| Respond to of 209892

Haim, >>My sense is different I think there is Japanese intervention The fellow on CNBC that broadcasts from the Treasury out-cry pit in Chicago said on Friday the Japanese communicated they had not conducted any Yen interventions in August. I have not found anything to verify this on the web.

To: Haim R. Branisteanu who wrote (80283)	8/30/2003 6:00:48 PM
From: ajtj99	Read Replies (1) \| Respond to of 209892

I believe the USD cross rate will hit 102.5 or so before the next correction down. That's been my target all along.

To: Haim R. Branisteanu who wrote (80283)	8/31/2003 11:30:26 AM
From: At_The_Ask	Read Replies (2) \| Respond to of 209892

I'd have to see more data than a 120. To make a wave count you have to look at all timeframes, especially the big ones. I can't find my forex link (actually sunjava is disabled for ie) so I'll just say that the decline of the $ from it's highs is likely a leading diagonal wave A of a zz. The eur\usd looks about like the dxy so the count should be similar except inverted. .2 off the lows has more or less been met on dxy. .38 is about 103, .5 around 105. If the correction ends up as a flat it could be in a range for months. Maybe til spring 04 or longer. Near term it doesn't look like it's done with up yet. I think that 120 shows a zz that is either complete or near so. I dont think parity is in the picture. even 105 seems low. Hopefully this helps, and is not wrong. regards