& TheDowTheory.com

Þ The BOTTOM LINE:  The purpose has always been to help the reader attain personal financial success, and I would hope and expect that will continue to happen. I will tell you without reservation when and what my indicators and my interpretation of The Dow Theory are saying. I will give you my best judgment and show you proven ways to improve on these investment results. How you use this in your investment strategy will be up to you. Please join me as we go into the future with the peace of mind that TIMING IS ON OUR SIDE !
 

      Some have asked that a 'mug shot' be included.........I'm all dressed up because my wife and I were on a cruise celebrating a big Birthday!   Also some have asked why I write my Letter since I am comfortably retired. I invite you to read 'why' in the paragraph above. I really hope my Letter helps you get to the point that you too can retire early as I did.

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     I am a 1956 graduate of the U.S. Military Academy at West Point. For 4 years I was a jet instructor pilot and academic instructor in the Air Force. From 1961 until 1968 I was a stockbroker with Dean Witter in Phoenix. I opened and managed the Dean Witter Tucson offices from 1968 until retiring as Senior Vice President in charge of southern Arizona offices in 1984. My wife and I have four children and eight grandchildren, and live in Tucson and Pinetop, Arizona. I was president of the Lions Club, the West Point Society, the Big Brothers, and other professional organizations. I was on the Executive Committee of the Tucson Chamber of Commerce, the Arizona state chairman of the National Association of Security Dealers (NASD) Fair Practices Committee, and an Allied member of the New York Stock Exchange (NYSE), listed in Who’s Who in America since 1988.

     I’ve had a serious interest in market timing for many years, starting with The Dow Theory over 50 years ago. My father-in-law had known Robert Rhea, the great Dow Theorist of the 1930's and author of the definitive work on the subject The Dow Theory. In 1962, I mimeographed (!) my first market timing letter to my clients (See "From The Achives" in the Subscribers area). In 1969, I initially developed a stock market major trend timing indicator which over the next several years I further developed and improved. I went from making the necessary calculations on my slide rule and adding machine to my first personal computer over twenty-five years ago.

      Back in 1977, I began writing a personal correspondence to my fellow managers, my stockbrokers and some other colleagues about my advanced market timing indicator, and my expectations for the stock market. This became the "Schannep Timing Indicator Quarterly Letter" which I continued in my retirement. The day before the market low in 1982 I wrote a memo to the brokers in my office that "The values are here and the markets will turn". Five years and +250% later on October 13th, 1987, six days before that crash, I wrote that "Ninth innings of baseball games like 3rd legs of 3rd legs usually mark the end, sometimes they end earlier, sometimes later, but alas, they always end."  Then on December 7th, 1987, THE day of the low on the Standard & Poor’s 500, and I wrote: "They say no one rings a bell at market lows…But listen closely: I just did!".  Moving right along, I wrote three Special Reports that I called "Three Tops and a Tumble" in late 1999 and early 2000 with the market above 10,900 (found in the Subscriber's Area). After the bear market that followed I sent an e-mail to all Subscribers entitled "Only Twice Before in 50 Years, and Now Today" at THE VERY BOTTOM on Oct 9th, 2002 with the Dow Jones at 7286.27!! The records for both the Schannep Timing Indicator and the Dow Theory can be found in the Free Section of my website at www.TheDowTheory.com   or   www.TimingIndicator.com.

     In 1984, I had my C.P.A. verify the signals of my indicator from the time they became "live" in June of 1969 and to back-test  the data from 1953.   In 1998 he updated that verification which can be found under the section on the 'Schannep ­Timing ¯Indicator'. At that time I opened my Letter up to the public via the Internet and since then the record has been monitored by TimerTrac.com and since 2000 by the Hulbert Financial Digest found at MarketWatch.com.  Hulbert has rated my Newsletter one of "2008's Top-Performing Newletters". CXO Advisory.com listed me as Number One in 2008, 2009, 2010, 2011 and now in 2012, of the active reviews of the 50 "gurus" he follows.  Hulbert wrote that "Schannep's interpretation of the Dow Theory did a better job of navigating the 2007-2009 bear market and subsequent bull market than any of the nearly 200 other stock market timing strategies monitored by the Hulbert Financial Digest" and "in the hands of at least one of the advisers (Jack Schannep) whose performance I regularly monitor, it (the Dow Theory) is one of the best performing market timing systems of the last decade" (3/18/2011).

     In 2008 I wrote my one and only book Dow Theory for the 21st Century - Technical Indicators for Improving Your Investment Results. Stock Traders Almanac 2009 named my book one of the "Year's Best Investment Books". It was published in Chinese in 2010. Investors Chronicle of the Financial Times of London called it "The Dow Theory Bible".

     I look forward with enthusiasm to continuing my stock market major trend timing indicator "Letter" and expanding it from that small group in the business to a worldwide audience. And that IS happening, and I invite you to join us as a regular subscriber.