Kathy, we are a bit confused without pics, but it sounds like that your life line, the lowering line and the guy rope are all attached to the same tree (deodar). This causes us some concern.
Generally on trees we have removed that have had potential of failure I will isolate the life line if at ALL possible from rigging and guy loads so if the rigging system or tree fails, it doesn't.
It sounds like you are guying this oak tree because of the concern of the potential for failure of the root system. This type of failure would put the entire weight of the oak on the deodar (where you are attached). Leaving you no place to go. With the ground being saturated (as it sounds like) this tree may not have the support ability that you are counting on.
From what you have stated, I would use the deodar for your highline and do all the rigging and lowering from the oak itself, being as careful as you can and avoiding shock loading. Can you guy the oak to a different tree? At least with these methods you are protected. Again, we state that without actually seeing the situation we cannot know how helpful this advise is in your circumstances.
Good luck.
D and S Mc