Return to the Guru Directory

Jack Schannep is the author of TheDowTheory.com newsletter (also found at TimingIndicator.com).

Jack Schannep is a 1956 graduate of the US Military Academy at West Point. For 4 years, he was a jet instructor pilot and academic instructor in the Air Force.

From 1961 to 1968, Jack Schannep was a stock broker with Dean Witter. He subsequently opened and managed the Dean Witter Tucson, AZ offices from 1968 until retiring as Senior Vice President in charge of southern Arizona offices in 1984. He had an interest in market timing for many years, starting with The Dow Theory. His father-in-law had known Robert Rhea, the Dow Theorist of the 1930's and author of the definitive work on the subject, The Dow Theory. In 1962, Jack Schannep provided his first market timing letter to his clients. In 1969, he initially developed a stock market major trend timing indicator which, over the next several years, he further developed and improved. In 1977, he began writing a personal correspondence to his fellow managers, stockbrokers, and other colleagues about his advanced market timing indicator, and his expectations for the stock market. This became the "Schannep Timing Indicator Quarterly Letter", which he continued in his retirement. In 1998, he made his Letter available to the public via the Internet.

TheDowTheory.com subscribers receive e-mail notification when a new monthly Letter is available, when a signal change occurs, including advice on what they should be doing now. Subscribers also receive access to the subscriber's area of TheDowTheory.com, which consists of the monthly newsletter with an update on Jack Schannep's current investment position, Special Reports, and Archived Letters. A "real money" portfolio is available for subscribers to follow or use as a benchmark.

TheDowTheory.com
5191 E. Hill Place
Tucson, AZ 85712
editor@thedowtheory.com

The above description was assembled using information from the publisher's site. All registered or unregistered trademarks referenced herein are the property of their respective owners, and no trademark rights to the same are claimed.

There are quite a variety of investment newsletter services available to investors today, which achieve a decent track record. In reality, however, many newsletters have not translated well for most investors that subscribe to them. The reason? Money management. Without the proper position sizing using the right money management tool, you are only dealing with half the formula for success.

Let's face it: if there was one consistently successful investment newsletter, then the word would spread rapidly, and that one investment newsletter would have more customers than the population of China. The reality is that there has never been such a success. Why? Because in the final analysis, 8 out of 10 investors fail due to one simple reason: position sizing.

The majority of investors who subscribe to investment newsletters think that the process is as simple as "Just give me your recommendations and let me become as successful as you are". Unfortunately, as money managers know, entry points account for very little in the overall success of a portfolio. Find out why!