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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.
Multiple Choice Questions
1. How many people held most of the stock in Consolidated Stove?
(a) One.
(b) Ten.
(c) Three.
(d) Two.
2. What actually happens when Livingston is working under an account at Williamson's?
(a) He makes millions of dollars.
(b) They squeeze him for the loan payment.
(c) They keep asking him to do favors.
(d) They constantly criticize his work.
3. What is a broker letter?
(a) Letter from brokers to agents.
(b) Letter from insiders to traders.
(c) Letter sent to clients advising them to buy or sell a stock.
(d) Letter from clients to brokers.
4. Why does Livingston say certain stock manipulator practices should be banned?
(a) They result in stolen money.
(b) They are too complicated.
(c) They hurt the public.
(d) They have resulted in murder.
5. What does Livingston think one should never feel about the market?
(a) Anger.
(b) Elation.
(c) Confidence.
(d) Depression.
Short Answer Questions
1. What kind of regulation is enacted during war time?
2. Who does Livingston say is complicit in insiders' manipulations?
3. What has the market done about charlatans since Livingston has been trading?
4. What does Livingston say gives a trader the sense of what to do?
5. What does Livingston think the purpose of split stocks is?
Short Essay Questions
1. Why were the three main stock holders of Consolidated Stove angry at Livingston?
2. What does Livingston say about broker letters?
3. What does Livingston say about the press and insider trading?
4. What does Livingston do when insiders in Tropical Trading try to knock him out of the market?
5. What does Livingston do about all his debt?
6. What does Livingston warn about various conditions that affect the market?
7. What does Livingston say when people say a stock drops because someone sells it?
8. How does Livingston feel about tips and to what does he attribute his success?
9. What does Livingston do to keep from being broke again?
10. How does a trader test a stock?
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This section contains 931 words (approx. 4 pages at 300 words per page) |
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