that started making me uneasy back in early Nov, plus hallucinations that I could make a strong case to become reality. So I started pushing for the hedgers to at least Bank half of their hedges but that was a hard sell for half of them---usually is. Most had become believers in my hallucination that a dump below 40.00 was around the corner. I knew it could prove to be just another one of my hallucinations but when guys are sitting on 10-15 dollar profits, they automatically believe any hallucination has to and will become reality.

I did manage to convince most of them to roll the short Dec into Feb at the 55.00 mark and scared them into the thought that a Feb break of 56.00 would be momentum reversal to trigger an upside break out. So it would be a wise defensive action to have stops at 56.10-56.25 area. I didn't mention that a pop to 56.00-57.00 could prove to be a fake out-----I didn't want to give them too much to think about or confuse them. I've learned the hard way, in dealing with most hedgers, its best that I Keep it Simple, if I want them to do what's best for themselves. If I give them too much infor or too many what ifs, they will do nothing or go Deer in the Headlights when it's time to move.

I did do a good enough job of convincing(with a lot of work and DRAMA on my part) to get most rolled out to Feb and engage Damage Control. Usually doesn't work that well. I did have to stretch the truth somewhat by telling them I was long Feb why in the world do you want to be short Feb if it triggers an upside breakout. At the time I didn't tell them I was still carrying short Dec against the long Feb. It would of only confused them. They didn't ask, so I didn't feel obligated to tell them the whole story.

Fridays close rewarded me with some very angry hedgers, who had been stopped out of their short Feb before Thanksgiving. At that time they were high fiving me for my genius. Yesterday they were high fiving me again. I'm the one that needs the TUMS.

It's hard enough to trade for myself but some days I wonder if it's worth all of the anxiety, trying to be Life Guard to a bunch of KIDS that don't want to listen, when I blow the whistle and yell "SHARKS-----EVERYONE OUT of the WATER".

I do have a handful of fast learners and good listeners and most are making progress. So I really don't have nothing to complain about. It could be worse------I could still be working in the Hog Barns-----that is not the best place for a guy that's 62. Not for this guy.