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

Multiple Choice Questions

1. What does Livingston do when the alternate exchanges start to try and manipulate him?
(a) He buys the exchange.
(b) He starts reverse manipulations.
(c) He calls the police.
(d) He quits and goes to New York.

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

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

4. What does Livingston say is illegal now?
(a) Many market manipulations.
(b) Using information from the newspaper.
(c) Borrowing money to play the market.
(d) Buying and selling on the same day.

5. Why does Livingston want to sell Union Pacific?
(a) He has a strong hunch.
(b) He never travels by train.
(c) They've been going down.
(d) He doesn't like the owner.

Short Answer Questions

1. How does he start out selling Union Pacific?

2. Why does Livingston meet with Percy Thomas?

3. What can a trader do by applying rules to a pattern?

4. How much money does Livingston make when he first comes back from St. Louis?

5. What does Livingston do after the Tropical Trading event?

(see the answer key)

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