“Dave” attended North Carolina State University at Raleigh starting in 1965. He initially majored in mathematics and eventually graduated with honors with a degree in physics and then earned a Master’s degree in statistics in 1974.
He began his professional career working for Lockheed and the Johnson Space Center. After the first few years working on early projects, he was named a Principle Scientist – Lockheed’s highest technical level. He went on to design a management information system for NASA’s Shuttle Program and was appointed manager of the Shuttle Tape Recorder Laboratory, which involved developing the computer program that recorded all the data, voice and payload data during the shuttles’ flights. He then became a founding member of Lockheed’s scientists specializing in developing “expert systems” – the equivalent to artificial intelligence – which were computer programs designed to mimic the decision making skills of experts in a given field.
Along the same time line, Dave had been interested in stocks and futures as a private investor and in 1986, he read A. J. Frost’s & Robert Prechter, Jr.’s Elliott Wave Principle, the definitive work on scientific wave theory. In Dave’s words, “All the skills in pattern recognition, statistics and expert systems that I had acquired were suddenly connected and applicable . . . “That same year, Dave was hired by Robert Prechter to work at Elliot Wave International (EWI) and to head the EWAVESTM project, essentially programming an expert system based on Elliott Wave Principle, which is still utilized by EWI today.
After working on EWAVES continuously between 1986 and 1999, Dave spent nearly 4 years away from EWI, applying his years’ work and experiences to trading futures and developing and building trading systems. In 2003, he began his work with live futures trading and in February 2013, he turned his full time focus on the trading systems. “All my skill as a statistician, knowledge engineer, and commodities analyst has been poured into the systems.” 1
To further quote Dave’s auto-bio. He has “acquired the experiences and skills that make [him] uniquely qualified to develop expert trading systems that are mechanical, artificially intelligent, and perform extraordinarily well across a broad spectrum of futures markets.”