Exit DXD and DIA puts

I have exited my DIA puts and am recommending exit of the DXD trade based off short term negative extremes. I think it may work fine to hold this longer, but my goal with using this short term model on this blog is to present a method of high probability investment growth with little drawdown (negative swings) in the overall scheme. So I think it best to wait a bit to see if another better opportunity presents itself.

DXD is currently at 57.01 up from 52.98 at entry for a 7.6% gain.
The DIA puts are 6.50 up from at 3.40 entry for a 91% gain.

Past Trades:

QLD 4/9/08-4/16/08 = 2.87% gain
QLD 5/6/08-5/12/08 = 2.73% gain
QID 5/15/2008-5/22/2008 = 2.46% gain
QLD 5/27/08-5/29/08 = 6.40% gain
DXD 6/5/08-6/11/08= 7.6% gain


Closed Option Trades on the Blog:

MTH: -42%
GME: -34%
AGU: 11%
NEM: 54%
NKE: -33%
PAAS: -27%
WFC: -28%
DIA: 91%

Pete