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The Blob on Wall Street

Prieur du Plessis (December 16th, 2008) Writes:

This post is a guest contribution by Bennet Sedacca*, President of Atlantic Advisors Asset Management.

The Blob is a morass of financial intervention that has eaten every bad financial deal too large to let die on its own. To understand the Blob, we must first understand how and why the Blob was formed in the first place.

The evolution of the Credit Crisis began in the mid 1990’s when the money supply began to grow at unprecedented rates. As the money supply grew dramatically, stock prices then began their ascent to the bubble highs of 2000.

Once the stock market bubble was popped in 2000 and stocks began to plummet, it seems that the Greenspan-led Federal

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What it would take for me to become bullish

Prieur du Plessis (October 15th, 2008) Writes:

This post is a guest contribution by Bennet Sedacca*, President of Atlantic Advisors Asset Management

The question I get asked the most lately is, “How on Earth did we get into this mess in the first place?” The answer, plain and simple, is greed.

I have stated numerous times that markets world-wide and throughout the centuries are dominated by individuals that cannot seem to shake the two simplest of emotions – fear and greed. Markets tend to overshoot in both directions as investors experience these emotions, which is why I live by the mantra, “buy from the fearful and sell to the greedy.”

I can trace the evolution of this greed, during my lifetime,

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Bubbles, Coils and Crashes

Prieur du Plessis (September 5th, 2008) Writes:

This post is a guest contribution by Bennet Sedacca*, President of Atlantic Advisors Asset Management

You know what they say, the more things change, the more things stay the same.

I like to point out “bubble comparison charts” because it goes to show that human beings are an emotional bunch. I like to call the parabolic moves upwards in stocks and indices, “1-800-GET-ME-IN”. Whether it is tulip bulbs in the 1700’s or the NASDAQ in the late 1990’s, the ugly emotion of greed sets in once a really big move in the price of a security gets going. This always makes me laugh because when I think about people buying truly important assets like a car or a house, they are always looking for a

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Dead Men Walking

Prieur du Plessis (August 27th, 2008) Writes:

This post is a guest contribution by Bennet Sedacca*, President of Atlantic Advisors Asset Management

Dead Man Walking – Originally, a phrase in a poem by Thomas Hardy in 1909, but later in a work of non-fiction by Sister Helen Prejean, A Roman catholic nun and one of the Sisters of Saint Joseph of Medaille. Prejean later wrote ‘Dead Man Walking’, which became a hit movie in 1995. The title comes from the traditional exclamation “dead man walking, dead man walking here” used by prison guards as the condemned are led to their execution.

Death Row – A term that refers to the section of a prison that houses individuals awaiting execution. It is also used to refer to the state

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