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

Tyler Durden's picture


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



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Thu, 01/27/2011 - 20:59 | Link to Comment Hedgetard55
Hedgetard55's picture

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 | Link to Comment papaswamp
papaswamp's picture

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

Thu, 01/27/2011 - 23:02 | Link to Comment Jasper M
Jasper M's picture

Dear Tad,

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

Thu, 01/27/2011 - 21:14 | Link to Comment DoctoRx
DoctoRx's picture


By rights you should be right.

Thu, 01/27/2011 - 21:16 | Link to Comment MarkTwainsMustache
MarkTwainsMustache's picture

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 | Link to Comment Convolved Man
Convolved Man's picture

I think their motto should be:

We KNOW when to BTFD.

Thu, 01/27/2011 - 21:31 | Link to Comment New_Meat
New_Meat's picture

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

Thu, 01/27/2011 - 21:26 | Link to Comment e1618978
e1618978's picture

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 | Link to Comment Herd Redirectio...
Herd Redirection Committee's picture

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?

Fri, 01/28/2011 - 11:25 | Link to Comment Dr_Dazed
Dr_Dazed's picture

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 | Link to Comment freedmon
freedmon's picture

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 | Link to Comment Everybodys All ...
Everybodys All American's picture

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

Thu, 01/27/2011 - 21:44 | Link to Comment mynhair
mynhair's picture

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 | Link to Comment mynhair
mynhair's picture

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

Thu, 01/27/2011 - 23:36 | Link to Comment freeasabee1
freeasabee1's picture

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 | Link to Comment flacon
flacon's picture

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 | Link to Comment sushi
sushi's picture

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 | Link to Comment MaxVernon
MaxVernon's picture

brings to mind Monty Python's Lumber Jack Song:

(Proud to be Canadian, btw!)

Thu, 01/27/2011 - 21:44 | Link to Comment Johnny Lawrence
Johnny Lawrence's picture

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



Thu, 01/27/2011 - 23:55 | Link to Comment ebworthen
ebworthen's picture

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

I thought so..


Fri, 01/28/2011 - 00:37 | Link to Comment flacon
flacon's picture

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 | Link to Comment Johnny Lawrence
Johnny Lawrence's picture

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 | Link to Comment Yen Cross
Yen Cross's picture

 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 | Link to Comment mynhair
mynhair's picture

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 | Link to Comment Salinger
Salinger's picture

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

Fri, 01/28/2011 - 02:05 | Link to Comment Johnny Lawrence
Johnny Lawrence's picture

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 | Link to Comment LMAO
LMAO's picture

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


Thu, 01/27/2011 - 22:43 | Link to Comment Bob
Bob's picture

Merrill was all bull.

Thu, 01/27/2011 - 23:10 | Link to Comment Salinger
Salinger's picture

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

Thu, 01/27/2011 - 23:52 | Link to Comment Oh regional Indian
Oh regional Indian's picture

iceCrap is an asshat management company. 

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


Thu, 01/27/2011 - 23:53 | Link to Comment ebworthen
ebworthen's picture

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 | Link to Comment Mentaliusanything
Mentaliusanything's picture

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 | Link to Comment Johnny Lawrence
Johnny Lawrence's picture

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

"This time is different."

Fri, 01/28/2011 - 08:43 | Link to Comment Invisible Hand
Invisible Hand's picture

Unless I misunderstood...

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

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

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

Fri, 01/28/2011 - 11:13 | Link to Comment FranSix
FranSix's picture

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

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

FranSix, whats with the old folk song phrase?

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

FranSix, whats with the old folk song phrase?

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