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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. What does Livingston say to do with anything showing a loss?
(a) Buy more of it.
(b) Sell it immediately.
(c) Sell it after it moves in either direction.
(d) Hold it until it goes up.
2. What does Livingston do after he sold all the stock in Union Pacific and after the earthquake?
(a) Went into index funds.
(b) Started buying Union Pacific again.
(c) Went into commodoties.
(d) Bought a lot of mutual funds.
3. What happens shortly after he starts selling Union Pacific stock by the thousands?
(a) The San Francisco earthquake.
(b) Nothing happens.
(c) The San Francisco fire.
(d) The San Francisco tidal wave.
4. What is affected the most by timing on Wall Street?
(a) Index funds.
(b) Small trades.
(c) Bonds.
(d) Large trades.
5. What does Livingston do about his concerns in 1906?
(a) Sells long.
(b) Sells short.
(c) Buys long.
(d) Buys short.
Short Answer Questions
1. What does Livingston do after receiving advice from his manager?
2. How useful is bucket shop technique on Wall Street?
3. What does Livingston finally begin to study?
4. What did Livingston decide to look at when thinking about what to buy or sell?
5. How does Livingston play on the market when he returns from St. Louis?
Short Essay Questions
1. Why does Livingston return to Boston and what happens when he does?
2. What does Livingston say makes a successful stock trader?
3. What do customers in bucket shops do?
4. What does Livingston discuss concerning stocks in Chapter V?
5. What commodities is Livingston trading and how is that going?
6. What commodities has Livingston been trading and how is that going?
7. How does LIvingston sell off Union Pacific and why does he do it?
8. What concerns Livingston in 1906 and why?
9. Why does Livingston say patterns can be used and who uses them well?
10. What happens when Livingston first comes back from St. Louis?
This section contains 637 words (approx. 3 pages at 300 words per page) |
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