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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter IX.

Multiple Choice Questions

1. What does Livingston notice not long after selling off his Union Pacific stock?
(a) The stock falls even farther.
(b) The company expands.
(c) The stock begins rising.
(d) The company folds.

2. What does Livingston think is his best guide to trading?
(a) What happens in Washington D.C.
(b) Standard and Poor's index of stock.
(c) Himself.
(d) The Fortune 500.

3. Why does Livingston return to Boston?
(a) He hates the traffic in New York.
(b) He wants to open a bucket shop.
(c) He's broke and frustrated.
(d) His mother is ill.

4. What does Livingston do at several small alternate exchanges?
(a) Establish accounts.
(b) Lose a lot of money.
(c) Let Roberts handle everything.
(d) Get kicked out.

5. What is Livingston's job at a bucket shop?
(a) Quotation boy.
(b) Stock broker.
(c) Trader.
(d) Runner.

Short Answer Questions

1. How does Livingston feel about the amount of money he's making?

2. What does Livingston figure out he has to do to make a lot of money?

3. What does the phrase "go short" mean?

4. What does Livingston say is impossible to catch?

5. What does Livingston complain about Wall Street?

(see the answer key)

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