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Name: _________________________ | Period: ___________________ |
This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.
Multiple Choice Questions
1. How does Livingston portray himself to the small exchanges?
(a) Someone who is very, very wealthy.
(b) Someone who has never thought about stocks.
(c) Someone who has lost a lot of money on Wall Street.
(d) Someone who is very knowledgeable.
2. How much money does Livingston have when he goes to Wall Street?
(a) $2500.
(b) $10,000.
(c) $5000.
(d) $4500.
3. How does Livingston feel about the amount of money he's making?
(a) He's indifferent, he just likes to play the market.
(b) It's very good.
(c) It's not what he expected.
(d) It's lousy.
4. What does the phrase "go short" mean?
(a) To buy any stock within 30 days.
(b) To wait a short time to sell.
(c) To sell stock.
(d) To buy stock that's been on the market a short time.
5. How old was Livingston when he made his first $1000?
(a) 15.
(b) 21.
(c) 17.
(d) 19.
Short Answer Questions
1. Under what authority are bucket shops allowed?
2. What does Livingston say one must be in order to be a good trader?
3. Why doesn't Livingston learn the new techniques for betting on Wall Street?
4. How long does Livingston stay in Boston the second time he goes there?
5. What does Livingston do after receiving advice from his manager?
Short Essay Questions
1. What does Livingston believe is his best guide to trading and what does he say a good trader must be?
2. How did Livingston make a lot of money in cotton?
3. How does LIvingston sell off Union Pacific and why does he do it?
4. What does Livingston see the market doing, what does he think will happen and what does he do about it?
5. What does Livingston say again about the bucket shops and Wall Street?
6. What job did Livingston have when the book opened and how are stock quotes done?
7. Why does Livingston say patterns can be used and who uses them well?
8. Why does Livingston take so long to figure out the stock market and what happens then?
9. What happens when Livingston first comes back from St. Louis?
10. What concerns Livingston in 1906 and why?
This section contains 829 words (approx. 3 pages at 300 words per page) |
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