New Readers are urged to see About, examine our credentials and history, including some performance charts. Our philosophy, orientation and methodology are crucial to the understanding of our analyses. Or to the current letter link which they have received via email.

Each month we begin a new series of letters. The value of these letters is demonstrated by examining the archive of our letters back to 1999 when we adjured our readers (investors) to be hedged or out of the market, and our more aggressive readers (traders) to short the tops and buy the lows of the trading range. Subscribe to these new Letters at CurrentLetterLink.

We do not offer products. We offer tools, analysis and education. (And occasionally, insight.) See Services.

Our most important tools are the time binding works of our predecessors as updated and modified by ourselves: The books and works of Edwards and Magee, and our own books. Supplementing these books are our market letters, published on a regular basis and as the markets warrant. See Books.

These fall into three categories: Weekly letters, Monthly letters issued as the situation requires and Major Turning Points Letters which, since 1999, have appeared more or less yearly. MTP letters are written when the markets evince a major change of direction. Our first MTP, in June of 1999, accurately described the next 22 months of the Dow as a large "line" or trading range. Subsequent editions were similarly accurate. See MTP.

Thereafter the weekly letters correctly identified tops and bottoms of the range for the benefit of traders shorting and longing that range. See Past Letters.

George Bush II delivered in January 2003 the State of the Union address. We will not comment here. Our editorial observations are separated from our analysis, and are found at 3 Rs.
We replied to the SoU address with the SoM Letter--that is the State of the Markets--a major letter. Read about it and subscribe at SoM Link .

In addition to our letters we offer a series of seminars and courses at Golden Gate University in San Francisco. These are not regularly scheduled, but occur more or less on the following time frame: KCKK workshops are Saturday morning sessions where current markets and issues are discussed. No formal presentation is made. Professor Karnak answers questions and makes wild and amusing predictions. One of these wild predictions was to buy the Euro in 2000. See sidebar.

A 2 1/2 day seminar titled "Technical Analysis of Stock Trends" is given several times a year. It is an intensive seminar and workshop with exercises and discourses and discussions illuminating the books and other non-published material.

Each year from May to August a formal graduate seminar, FI498S is given at Golden Gate University. Enrolled students may take the course for credit on their Masters degrees, and the general public may audit the course. Auditors and students are treated the same. As Zen monks.

All Links will be found in Contents. Including TEKNIPLAT paper and Projects.