View a FREE sample

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

Multiple Choice Questions

1. What should one do in a bull market?
(a) Stick with index funds.
(b) Buy one week, sell the next.
(c) Buy stock.
(d) Wait and see.

2. What should one decide to do in order to make money?
(a) Stay in for the long haul.
(b) Let a financial advisor handle your deals.
(c) Hold on to the stock until it starts to drop.
(d) Sell when you need money.

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

4. When is there a financial panic in 1907?
(a) April.
(b) June.
(c) August.
(d) October.

5. What does Livingston do about his concerns in 1906?
(a) Sells short.
(b) Buys short.
(c) Buys long.
(d) Sells long.

Short Answer Questions

1. How useful is bucket shop technique on Wall Street?

2. The price on the stocks in bucket shops is in what according to time?

3. Who does the president of the Stock Exchange and the wealthiest bank go to see?

4. What do the banks ask Livingston to not do during the panic of 1907?

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

(see the answer key)

This section contains 260 words (approx. 1 page at 300 words per page) View a FREE sample