Which one of the following most accurately describes the CFA Institute Standard about using material nonpublic information?

• A.An analyst may use material nonpublic information if it is legal in his country to do so.
• B.An analyst may use material nonpublic information as long as it is for his personal use.
• C.An analyst cannot use nonmaterial nonpublic information.
• D.An analyst may use nonmaterial nonpublic information as long as it has been developed under the Mosaic Theory.

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What is the specific name given to the normal distribution for having special characteristics?

• A.All of the above statements
• B.Central limit theorem
• C.Histogram
• D.Center limit theorem

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Which of the following is NOT continuation pattern?

• A.Separating lines
• B.Tweezers
• C.Windows
• D.Rising three methods

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Which of the following would be a valid trading interpretation of top chart patterns?

• A.Liquidate positions at prior major resistance points, top formations or the break of a major support line
• B.Sell when there is a major price retrenchment in a bull market
• C.Find a market with a long consolidating base and high volatility
• D.Sell whenever a major support level is tested but not breached

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If 300 shares traded at a certain price which of the following conclusions cant be drawn from this given situation?

• A.Traders could determine the resistance zones
• B.Traders could determine the support
• C.Traders would record four bars at that price
• D.Traders could determine the price at which supply and demand were equalized

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