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

Multiple Choice Questions

1. Where does Livingston go with his $500?
(a) To Boston.
(b) To Atlanta.
(c) To Dallas.
(d) To St. Louis.

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

3. What does Livingston do after receiving advice from his manager?
(a) Buys wheat.
(b) Sells the rest of his Union Pacific stock.
(c) Buys stock in oil.
(d) Sells all of his corn.

4. Who convinces Livingston that Union Pacific is manipulating him?
(a) His wife.
(b) His mentor.
(c) The branch manager.
(d) His best friend.

5. How much regulation is there in the stock market during Livingston's era?
(a) Very little regulation.
(b) The SDIC is watching everyone constantly.
(c) There is a moderate amount.
(d) It has many rules.

Short Answer Questions

1. What is an important aspect of trading successfully?

2. What happens shortly after he starts selling Union Pacific stock by the thousands?

3. What does Livingston say is impossible to catch?

4. What does experience give a successful stock trader?

5. What does Livingston do with his predictions at first?

(see the answer key)

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