Sears holdings or Inco

Kaygee said: "My name is Zach and I'm currently a freshman in college just getting started in the stock market. My portfolio right now is pretty solid, but I want to add probably one more stock soon. I've been looking at Sears Holdings(SHLD) and Inco(N). The only reason SHLD caught my attention was because they are under new management and Jim Cramer in Mad Money was raving about how a huge turnaround is going to take place. Inco caught my attention through Jim Cramer also, but in addition to the fact that China has a Nickel shortage and are going to have to buy from someone. Inco, being the largest Nickel producer, is most likely in line for that order. Inco also opened new mines and plants recently that are expected to increase revenue and profits. So what do you think would be a good addition to a portfolio for a college kid. Also, any ideas and suggestions about various other directions I could head would be great. thanks Zach"

HappyHarry said: "Hi Zack, welcome aboard. Let's face it: Sears still has to compete with WalMart, and they've rarely shown any talent for doing it. It's an uphill climb for them."

StockFreak said: "I like SHLD. Lampert is going to sail that ship in the right direction. 266,000 shares bought by a director this afternoon may have been the catalyst the stock needed to find its legs after that one two punch its taken by the market."

LanceJ said: "[QUOTE=Kaygee]My name is Zach and I'm currently a freshman in college just getting started in the stock market.[/QUOTE] Hi Zach! Inco Ltd. (N) is the better pick at the moment of the two. Sears needs a bit more time to complete their cutbacks and restructuring. Wait for a clear upward trend to begin in Sears before buying, otherwise, assume Sears will continue on its downward trend."

Kaygee said: "When would you suggest getting in to Sears Holdings? Should I just follow the news, and watch the stock to gage when I think is a good time to buy? What do you guys think of Jim Cramer? Does he usually give good insight? And one last question, sorry for asking so many, what stock would you suggest I get. It doesn't have to be SHLD or N, those were two I just thought I might like to look at. I only have about $400 for the stock, I have $3,600 allocated to other stocks. I might add more money to my account, but assuming $400 right now, what would you buy? thanks again for all your help. Zach"

LanceJ said: "[QUOTE=Kaygee]When would you suggest getting in to Sears Holdings? Should I just follow the news, and watch the stock to gage when I think is a good time to buy? What do you guys think of Jim Cramer? Does he usually give good insight? And one last question, sorry for asking so many, what stock would you suggest I get. It doesn't have to be SHLD or N, those were two I just thought I might like to look at. I only have about $400 for the stock, I have $3,600 allocated to other stocks. I might add more money to my account, but assuming $400 right now, what would you buy? thanks again for all your help.[/QUOTE] Hi Zach, 1) As I said in my earlier post, when an upward trend forms. A trend will continue until that trend ends. On days the stock trades sideways, assume continuation of the previous trend. When will the new upward trend form? Well, if you are a more aggressive investor and understand the additional risk with trying to get in as early as possible, then look at the chart below. [CENTER][IMG]http://www.acethecset.com/shld3.GIF[/IMG][/CENTER] When the price (blue line) crosses above both the 200 day MA (green line), and the 50 day MA (red line), on continued rising volume, then consider buying. 2) Cramer's great, that's my bud right there, get pumped up over stocks baby! Yeah! Get his book "Confessions of a Street Addict" (great Christmas gift), awesome insight into the world of Hedge funds. 3) If you don't have a healthy gold weighting in your portfolio (approaching 20% of your holdings) to protect your downside against inflation, then I highly recommend you do so. Consider GG, in the Sticky Six message thread."

Kaygee said: "if you don't mind me asking, how do you make those charts? Is there something on the internet you can use to draw the carts? thanks By the way, I did some research and I think I'm going to take your advice and buy the gold stock. Thanks for all your help"

LanceJ said: "Thank you Kaygee. The charts are grabbed from the Internet and edited in old fashion Paint. For the animating ones, I draw over a chart grabbed from the Internet in a vector program I have converting into a vector graphic so as to animate each frame easier. There are lots of vector drawing programs on the market, the one I use is the popular Flash 4. May the gold pick serve you well. Gold, it's a little boring, no 100% gains over night, but in todays environment, you just gotta. May I recommend you keep an eye on news stories about the price of Gold, inflation, energy, and bookmark this website: [url]http://www.kitco.com/charts/livegold.html[/url] ...scroll down and click on 6 Month Gold Chart. As/if gold continues to rise, GG will rise as well."