View a FREE sample

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

Multiple Choice Questions

1. On a rising market what should each trade be?
(a) Lower than the last one.
(b) The average of all trades.
(c) The same as the last one.
(d) Higher than the last one.

2. What does Livingston notice about the price of Tropical Trading stock?
(a) The price fluctuates wildly.
(b) The price hasn't changed in four years.
(c) The price is way down.
(d) The price has been run up.

3. Why is it harder for alternate exchanges to get rid of a customer?
(a) They are very poor.
(b) They have a reputation to uphold.
(c) They are regulated by the government.
(d) They sign contracts that can't be broken.

4. What does Livingston do with his predictions at first?
(a) He changes them then shows them to others.
(b) He records them.
(c) He only bets a little.
(d) He shows them to others.

5. How does he consider commodities in comparison to stocks?
(a) They can be too volatile.
(b) Make less money on them.
(c) Less complex maneuvers around them.
(d) They are the poor man's stock.

Short Answer Questions

1. What did Livingston do about individual stocks?

2. How long does Livingston stay in Boston the second time he goes there?

3. What should one do in a bull market?

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

5. In what does Livingston trade besides stocks?

(see the answer key)

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