The damping adjustments are made by turning the adjusters clockwise (in) to the stop. Then turn the adjuster counterclockwise (out) counting the 'clicks' or detents to the recommended/desired setting.
The preload adjustments for the front refer to the graduation lines visible in the threads.
The rear spring preload can be adjusted with a special shock spanner tool or a big screwdriver and hammer. If you aren't familiar with this type of adjustment the two rings are tightened into each other to lock them in place.
There's a specific process to follow for adjusting your suspension beginning with 'SAG' which is controlled by the preload adjustments. Google for "motorcycle suspension set-up" or try the following articles. You'll need a buddy or two to help you do it right.
http://www.motorcyclistonline.com/ho...tup/index.html
http://www.motorcyclistonline.com/ho...ing/index.html
Good Luck!