that I like to label things. I tell those I work with that this labeling process(probably an addiction) comes from the endless notes I keep from countless hours of research and study of market action. Sometimes this leads to useful clues that over time tie together for red light/green light flags for guesses that sometimes work and sometimes don't. It gives me something to analyze for a psychological profile for market action. This process is probably why my hallucinations are so active but the benefits have served me well.

Anyway, what I'm getting at is my market label for this decade is "The Decade of Disconnect". I've noticed that each decade has had its own profile for market activity, boundries, and Rules of Engagement. Each decade is different and unique in its own way from any other decade. This is why, many techniques and signals that used to work, don't mean spit anymore. Also a reason for, successful traders today-----bankrupt tomorrow and never heard from again. They fail to adjust to change. This Decade of Disconnect has also used emotion and load the party train to the rafters in the Disconnect process. What I'm getting at is the possible connection of the disconnect between cash and the board. The old rule was cash leads the way and the board follows. This decade has been multiple series in all markets of the board outrunning cash and many times leaving it standing still. We have just gone through several months of the board outrunning cash by $10 to the downside. Are we about to see what I call a FLIP TRADE where the board decides to outrun cash by $10 to the UPSIDE? Cash has finally caught up with board price------sure wouldn't surprise me to wake up some morning and see that the board has a $10 premium to cash. Yes, I've already started asking myself------is it or is it not just another HALLUCINATION? Time will tell whether it turns into reality but my fishing lines will be ready for what reality turns out to be.

Dec 1st is almost here and the time line for the FALL into the fall low is running out of time. I ran across one of my own psych profile notes from Oct 14th-----"this bloodbath could get ugly by mid Nov, a bounce back to test resistance at 46.00 by Nov 1st will bring on another $10 drop". Well, that has certainly proved to be a strong hallucination. I also had some caution flag notations in the same time line, referencing that being short is now the popular mindset. Yesterday I started peeling off producer hedges and even cut loose one of my own Dec shorts. I'm also starting to like the feel of the 2 long Febs that have been protecting the 2 short Dec during this climb. I have an order at 48.10 to get rid of my remaining Dec short. I'm not willing to pass judgement on the 2 long Feb, I'm willing to let Damage Control be the JUDGE on those.