View a FREE sample

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

Multiple Choice Questions

1. What happens shortly after he starts selling Union Pacific stock by the thousands?
(a) Nothing happens.
(b) The San Francisco earthquake.
(c) The San Francisco tidal wave.
(d) The San Francisco fire.

2. What does the pattern ignore that can create a problem?
(a) What time of year it is.
(b) Underlying conditions.
(c) Political ramifications.
(d) Brand new public offerings.

3. Why should a trader start with a small trade?
(a) To see what others are doing.
(b) To see if it's going in the right direction.
(c) To find out if the stock is viable.
(d) So he'll lose less money.

4. How does Livingston portray himself to the small exchanges?
(a) Someone who has lost a lot of money on Wall Street.
(b) Someone who is very knowledgeable.
(c) Someone who is very, very wealthy.
(d) Someone who has never thought about stocks.

5. How does he start out selling Union Pacific?
(a) He talks to the brokage manager.
(b) Shares every other week.
(c) Slowly at first.
(d) All at once.

Short Answer Questions

1. What fascinates the young Livingston?

2. What does Livingston say financial news in the papers is?

3. How do some smaller exchanges double their money?

4. How much money does Livingston have when he goes to Wall Street?

5. What is affected the most by timing on Wall Street?

(see the answer key)

This section contains 256 words (approx. 1 page at 300 words per page) View a FREE sample