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IceCap Asset Management January View On Global Investment Markets: "70% Of Canadians"

Submitted by Tyler Durden on 01/27/2011 20:57 -0400

IceCap Asset Management: Our View On Global Investment Markets: January 2011 - 70% of Canadians

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Thu, 01/27/2011 - 20:59 | 911550 Hedgetard55

The Hedgetard is hereby calling a top in AAPL, NFLX, AMZN and the whole market in general, starting Monday. If I am right, I will make a career out of it like that babe from 1987 did. If I am wrong, well I buried the call in a thread few will read and fewer will remember. Take that Harry!

Thu, 01/27/2011 - 21:12 | 911586 papaswamp

Have to get through the February ramp up ($200 Billion morphine injection).

Thu, 01/27/2011 - 23:02 | 911861 Jasper M

Dear Tad,

Please try to use the awesome power of your imminent celebrity only for good.

Thu, 01/27/2011 - 21:14 | 911590 DoctoRx

Garzarelli

By rights you should be right.

Thu, 01/27/2011 - 21:16 | 911595 MarkTwainsMustache

They [ice cap] really mailed it in this month...maybe too hung over from new years to discuss something that is relevant and not already in the news? They should just not write on any given month if they can't do better than this.

Thu, 01/27/2011 - 21:26 | 911613 Convolved Man

I think their motto should be:

We KNOW when to BTFD.

Thu, 01/27/2011 - 21:31 | 911623 New_Meat

ain't seein' no f****n' dip

Thu, 01/27/2011 - 21:26 | 911614 e1618978

Icecap management needs to work on their math. If you have 7 people with 100 IQ, and 3 people with 90 IQ in a room, then 7 are above the average of the 10.

Fri, 01/28/2011 - 01:24 | 912121 Herd Redirectio...

Not to be a complete asshole or anything, but if the average in the room is 100, and it is a normal distribution then the same amount would be below 100 as above 100. Thus, 7 people could not be smarter than the average.

Regardless, with the dollar being devalued who can say the true 'value' of the stock market priced in yet to be devalued US dollars?

http://www.capitalresearchinstitute.org

Fri, 01/28/2011 - 11:25 | 912894 Dr_Dazed

Sampling error? Skewed distribution? Math illiteracy? The article is blocked here so I can't read the original but we need to have some remedial statistics here;)

Fri, 01/28/2011 - 15:54 | 914090 freedmon

you misunderstood, his hypothetical was 10 people in a room, 7 with IQ 100, and 3 with IQ 90. The average would be 97.

The assumption that all things follow a normal distribution is a fallacy.

Thu, 01/27/2011 - 21:29 | 911618 Everybodys All ...

Market goes up forever ... or until the bond market says no thanks to Bernanke.

Thu, 01/27/2011 - 21:44 | 911659 mynhair

Wsssst. Like the bond market, that is populated by a bunch of Lib fags, can go against the Squirrel.

Thu, 01/27/2011 - 21:42 | 911651 mynhair

70% of Canadians are fags, that's why it is called 'Canadia'.

Thu, 01/27/2011 - 23:36 | 911946 freeasabee1

we may be fags, but we always beat you in hockey...and ufc...oh and the war of 1812...glad we gave u detroit back...such a nice place..

Fri, 01/28/2011 - 00:35 | 912056 flacon

LOL! Canadians are sitting on the 'worlds wealth' - I'd be careful what you say about Canada, the first State to leave the Union. There are now ONLY 50 STATES! They actually had to ammend the US Flag to show ONLY FIFTY stars! Count them - fifty!

Fri, 01/28/2011 - 04:58 | 912262 sushi

Must really suck to know that the White House and much of Washington was burned to the ground by a giggle of Canadian homosexuals.

Good thing we were not transvestites or we would have gone on to rip Miami as well.

Fri, 01/28/2011 - 10:48 | 912704 MaxVernon

brings to mind Monty Python's Lumber Jack Song:

http://www.youtube.com/watch?v=clPYfaTvHT0

(Proud to be Canadian, btw!)

Thu, 01/27/2011 - 21:44 | 911656 Johnny Lawrence

Hey! I used to work at Merrill Lynch! I'm offended. Long live the Thundering Herd!!!!!

Thu, 01/27/2011 - 23:55 | 911991 ebworthen

Did you say "Long live the Humping Turd!"?

I thought so..

;-)

Fri, 01/28/2011 - 00:37 | 912062 flacon

I used to work there too, in Hopewell, NJ, and Princeton, NJ - I was with MLIM (Merrill Lynch Investment Managers).

Fri, 01/28/2011 - 02:09 | 912163 Johnny Lawrence

Good ol' MLIM. I'm an FA. I boogied soon after the BofA deal. It's a lonely world right now being an advisor who's bearish on the market.

Thu, 01/27/2011 - 22:01 | 911701 Yen Cross

Hey I have this third party intermediary in Canada. It funds one of my Forex accounts. Ehh. And a little French tar sand humor.

Thu, 01/27/2011 - 22:33 | 911779 mynhair

Everytime Fox News starts hammering on Liberals, Comcast 'has a problem' with the feed, here in SW FL.

Can we make it simple?

All Libs report to your nearest FEMA camps!

Thu, 01/27/2011 - 23:01 | 911856 Salinger

the good news is centurylink is rolling out fibe tv - pricey but anything is better than comcast

Fri, 01/28/2011 - 02:05 | 912159 Johnny Lawrence

I own CTL. Big dividend at 6.6%, and they've raised it every year for the past 30 years or something.

Fri, 01/28/2011 - 06:31 | 912317 LMAO

.....and the latest episodes of "Riot TV", another fine byproduct of the machinations of the USSA, do make up for some good entertainment.

LMAO

Thu, 01/27/2011 - 22:43 | 911810 Bob

Merrill was all bull.

Thu, 01/27/2011 - 23:10 | 911867 Salinger

wtf is icecrap management? I wonder if it cost them to get a feature aritcle on ZH

Thu, 01/27/2011 - 23:52 | 911984 Oh regional Indian

iceCrap is an asshat management company.

it says so right on their (URa)Prospect(for)Us.

ORI

http://aadivaahan.wordpress.com/2011/01/27/wisdom-for-warriors-6/

Thu, 01/27/2011 - 23:53 | 911989 ebworthen

From article:

"Profit margins at their highest in 56 years..."

Since 1955...hmmm...would that be...since the post WWII boom? Since Dwight D. Eisenhower's presidency and six years out from his departing speech?

No coincidence, that.

Fri, 01/28/2011 - 01:01 | 912091 Mentaliusanything

And lets not forget the US$ has fallen against the index basket since '55

The inflation built into the fiat system ensures you loose

Back then, a profit of $10million needs to be $79million just to break even on historic CPI.

Rule 72 levels everything

Fri, 01/28/2011 - 02:06 | 912160 Johnny Lawrence

Real earnings grew 400% from 1921 to 1927. They grew 200% from 1992-1997.

"This time is different."

Fri, 01/28/2011 - 08:43 | 912408 Invisible Hand

Unless I misunderstood...

Eisenhower's term ended in 1960...I think.

Fri, 01/28/2011 - 00:49 | 912076 SAME AS IT EVER WAS

"Investor sentiment" from Larry,Curly,and Moe research. How about a bullshit indicator.

Fri, 01/28/2011 - 11:13 | 912811 FranSix

I's the bye's what catches a fish.

Fri, 01/28/2011 - 16:06 | 914139 SAME AS IT EVER WAS

FranSix, whats with the old folk song phrase?

Fri, 01/28/2011 - 16:09 | 914157 SAME AS IT EVER WAS

FranSix, whats with the old folk song phrase?

IceCap Asset Management January View On Global Investment Markets: "70% Of Canadians"

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