Using Action to Save Relative to Root Folder

Is there any way to have Photoshop always save into a specific folder that is relative to a root folder?

I created an action that saves as both a jpg and psd so I need to save the psd's in the psd folder which is under the main project folder. And the main project folder name changes depending on the project...

For example
X:\project name 1\images\psd
x:\project 2\images\psd
X:\another project\images\psd

The location in the action I created is absolute, so it always saves to the same folder regardless of where the files were originally opened, and I can't run the action from Bridge because it includes stops.

Sorting through old bookmarks ... have You ever solved this problem? Because if not You should try using a Script for that, Paul R recently told me how to address the relative locations in the Scripting Forum:
<http://www.adobeforums.com/webx/.59b5bc92/1>

Use image processor