SplitMaster.com:: Newsletter
Home :: Strategies :: Membership :: Past Results
Author: Mike Celeste Editor: Tony Ponzo November Circulation:

Stat Sheet Week Ending November 19th 2011

ChangesWeeklyYear to Date
Indexes Points Percent PointsPercent
Dow-335.0-2.9%+218.0+1.9%
S&P-48.0-3.8%-42.0-3.3%
NAS-106.0-4.0%-80.0-3.0%

In this Issue---
IMPORTANT NEWSLETTER ANNOUNCEMENT- ECONOMIC COMMENTARY TO FOLLOW----
******************************************************************************
This is not our usual stock newsletter, so we have changed the format somewhat, and we would like to explain why.

We are going to temporarily suspend our Splitmaster strategies, but we will still be accessible, and the newsletter will be forthcoming, but on a different time frame. If you have any questions please feel free to contact us at contact@splitmaster.com Our site will still be accessible during this suspension and we will be answering emails. We will also post various bits of market information on the site and send out occasional emails on market data and trading ideas during this time.

The reasons for these actions are that we are going to take some time to restructure our services, due to the nature of the market. The extreme volatility has made past studies less related to current directions and probabilities of stock movements. Serious economic and political concerns around the world have led to a great deal of fear and uncertainty. These have resulted in unstable markets which is unique in stock market history. Another problem is that it definitely appears that it is going to be some time before normal investment patterns return. We will try to come up with some answers and will advise accordingly.

Additionally, our main strength has been what our name indicates—stock splits. Split announcements have been few and far between when compared to past years. Our records go back to 1975 and there has been only 1 losing year for stock splits when using our software programs. With this bedrock practically non-existent, it seems prudent to wait and see if we return to the numbers that have brought us to much success in the past. We will continue to monitor things closely and when they begin to improve we will reinstate the strategies.

We thank you for your support thru all these years and look forward to seeing and hearing from you again.

Now on to the Comments, etc.---

The Economy, The Markets & Commentary---
*************************************************
For many, many years I have had little respect for those in our government that are called politicians. Here in California these politicians have just given large pay raises, up to 25%, to their staff people. This goes on even tho the state is facing huge deficits and jobs are being lost across the board. It has just been announced that our State is on track to take in BILLIONS less than estimated when the budget was approved earlier this year. This just points out the complete lack of credibility that we give them when they approve a supposed balanced budget. It’s all smoke and mirrors.

In addition to the little respect given (and I don’t seem to be alone, what with the single digit approval rating given to Congress, especially) I will repeat another statement I have given over the course of many, many years. It is my firm belief that ALL politicians are crooked—and that’s by my definition of “crooked” and seemingly substantiated by these “60 Minute” reports—and I feel I am far more right than wrong in this belief. The poor honest Congressman that has tried for years to get the Stock Act Bill approved in Congress has stated that by far most members of Congress say they know nothing about such a bill. He wants to make changes that would wipe out this insider trading, etc., but fat chance.

It even reminds me of the points of light that the new Republicans adopted when Newt was their leader—the one main point was that they were going to have term limits for Congress. The surprising thing is that it was even proposed, as who would really believe that the members would pass a law to limit the time they can feed at the expense of the people? The only way we got term limits on the state level here in CA was by the action taken by the people, not the politician’s doing.

Case in point---Boy, oh, Boy, is “60 Minutes” doing a job on Congress. First they exposed the lobbyists control of much of Congress, illegally, and now, last Sunday, they exposed the insider trading in stocks by many of the members of Congress. Anywhere else, where stock is traded, insider trading is illegal. However, Congress writes the laws and they write the ones that also affect themselves. Therefore, it is not illegal for them to trade on insider information that only they know about, through actions they are going to take in the near future, and on so many different subjects. Martha Stewart, was accused of profiting about $186,000 on insider trading and went to jail for it. According to' 60 Miniutes", members in Congress have made millions on insider trading and they get a complete pass. It doesn't get more insulting to the American citizen than that!

Here is a video to see what I am talking about "60 Minutes" Blows Lid Off Congressional Insider Trade

Today's Thoughts---
*****************
Look at these comments from our historical leaders, from Aesop to Will Rogers---In view of the expose of a Congress that is mostly controlled by lobbyists and campaign donators, along with the Congress trading stock on insider information--

We hang the petty thieves and appoint the major ones to public office................Aesop (and he goes way, way back in time)

A government that robs Peter to pay Paul can always depend on the support of Paul............George Bernard Shaw

Democracy must be something more than two wolves and a sheep voting on what to have for dinner........James Bovard

A government big enough to give you everything you want is strong enough to take everything you have.............Thomas Jefferson

I don’t make up jokes. I just watch the government and report the facts...........Will Rogers

Sincerely,
Mike and the Entire Staff of SplitMaster.com

Published by Splitmaster.com, LLC.
P.O. Box 960 San Dimas CA 91773
Copyright © 2006 All Rights Reserved.
Privacy Policy

To unsubscribe from our newsletter or edit your delivery address go to our Newsletter Page. To edit membership information login to the Splitmaster.com members page. For inquiries regarding this or any other Splitmaster.com Information Delivery System publication contact us at staff@splitmaster.com. Answers to many common delivery issues may be found on our Mail Delivery Issues page.