Cashed in NKE on Friday

I closed my NKE position last Friday. The object was to learn trading which is not only a good time to buy but also a good time to sell. Given the quick run-up in price and the weakness in the sector (Underarmour, Lulu, Onon were clearly not doing as wellas NKE), I decided this was a good time to take profit. So I netted myself US$2250. Not bad for a weeks' 'work.'

My next step is to see whether there is a re-entry opportunity to try to trade NKE again, or whether I should be looking at other counters.