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The other day I put up a post about Uranium and disclosed putting a stop in on Cameco (CCJ) at $45.50.

I got stopped out yesterday at $45.51. It looks like the stock closed a tad lower but then opened higher today by a few tads.

This reveals a flaw of stop orders that I have touched on many time before. When stop order gets elected the next move is either up or down. If down then the stop order was a good idea, if up it wasn't; in a manner of speaking.

I have no regrets, just the understanding that $45.51 will either turn out to be a good price or it won't.

The picture is a little fuzzy but it is the exact moment that Kramer says "I'm out." I can't believe I found it.

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