T.BULLS & BEARS
FILE INFORMATION
FILENAME(S): T.BULLS & BEARS
FILE TYPE(S): PRG
FILE SIZE: 6K
FIRST SEEN: 2025-11-30 18:12:16
APPEARS ON: 1 disk(s)
FILE HASH
533f8cae3bd08f6a9da5af0327456b6b8e713d686fbd8fb64995c8808315452e
FOUND ON DISKS (1 DISKS)
| DISK TITLE | FILENAME | FILE TYPE | COLLECTION | TRACK | SECTOR | ACTIONS |
|---|---|---|---|---|---|---|
| LOADSTAR 48 S 2 | T.BULLS & BEARS | PRG | Sailor, Ganheden | 6 | 5 |
⚠ CORRUPT DOWNLOAD FILE |
FILE CONTENT & ANALYSIS
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MORE THEY M| 00000110: 41 59 0D 48 41 56 45 20 41 56 4F 49 44 45 44 20 |AY.HAVE AVOIDED | 00000120: 41 4C 4C 20 4F 46 20 54 48 41 54 0D 54 45 45 54 |ALL OF THAT.TEET| 00000130: 48 2D 47 4E 41 53 48 49 4E 47 20 41 4E 44 20 48 |H-GNASHING AND H| 00000140: 41 49 52 2D 50 55 4C 4C 49 4E 47 2E 0D 0D 20 20 |AIR-PULLING... | 00000150: 20 20 C2 55 54 20 54 48 45 4E 20 41 47 41 49 4E | .UT THEN AGAIN| 00000160: 2C 20 50 45 52 48 41 50 53 20 50 4C 41 59 49 4E |, PERHAPS PLAYIN| 00000170: 47 0D 47 41 4D 45 53 20 57 49 54 48 20 4F 54 48 |G.GAMES WITH OTH| 00000180: 45 52 20 50 45 4F 50 4C 45 27 53 20 4D 4F 4E 45 |ER PEOPLE'S MONE| 00000190: 59 20 49 53 0D 57 48 41 54 20 43 41 55 53 45 44 |Y IS.WHAT CAUSED| 000001A0: 20 54 48 45 20 27 43 52 41 53 48 27 20 49 4E 20 | THE 'CRASH' IN | 000001B0: 54 48 45 20 46 49 52 53 54 0D 50 4C 41 43 45 2E |THE FIRST.PLACE.| 000001C0: 0D 0D 20 20 20 20 C2 D5 CC CC D3 20 C1 CE C4 20 |.. ..... ... | 000001D0: C2 C5 C1 D2 D3 20 49 53 20 41 20 53 41 46 45 20 |..... 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ATTEMPT TO MA| 000002B0: 58 49 4D 49 5A 45 0D 54 48 45 20 52 45 54 55 52 |XIMIZE.THE RETUR| 000002C0: 4E 20 4F 4E 20 59 4F 55 52 20 50 4F 52 54 46 4F |N ON YOUR PORTFO| 000002D0: 4C 49 4F 2E 0D 0D 20 20 20 20 D4 57 4F 20 53 43 |LIO... .WO SC| 000002E0: 52 45 45 4E 53 20 41 50 50 45 41 52 20 44 55 52 |REENS APPEAR DUR| 000002F0: 49 4E 47 20 45 41 43 48 0D 54 55 52 4E 2E 20 20 |ING EACH.TURN. | 00000300: D4 48 45 20 46 49 52 53 54 20 44 49 53 50 4C 41 |.HE FIRST DISPLA| 00000310: 59 53 20 54 48 45 20 43 55 52 52 45 4E 54 0D 56 |YS THE CURRENT.V| 00000320: 41 4C 55 45 20 4F 46 20 59 4F 55 52 20 50 4F 52 |ALUE OF YOUR POR| 00000330: 54 46 4F 4C 49 4F 20 49 4E 43 4C 55 44 49 4E 47 |TFOLIO INCLUDING| 00000340: 20 54 48 45 0D 56 41 4C 55 45 20 4F 46 20 54 48 | THE.VALUE OF TH| 00000350: 45 20 53 54 4F 43 4B 53 20 59 4F 55 20 4F 57 4E |E STOCKS YOU OWN| 00000360: 2C 20 59 4F 55 52 0D 43 41 53 48 20 42 41 4C 41 |, YOUR.CASH BALA| 00000370: 4E 43 45 2C 20 41 4E 59 20 44 49 56 49 44 45 4E |NCE, ANY DIVIDEN| 00000380: 44 53 20 59 4F 55 0D 52 45 43 45 49 56 45 44 20 |DS YOU.RECEIVED | 00000390: 54 48 41 54 20 54 55 52 4E 2C 20 59 4F 55 52 20 |THAT TURN, YOUR | 000003A0: 4D 41 52 47 49 4E 0D 42 41 4C 41 4E 43 45 2C 20 |MARGIN.BALANCE, | 000003B0: 41 4E 44 20 41 4E 59 20 49 4E 54 45 52 45 53 54 |AND ANY INTEREST| 000003C0: 20 54 48 45 20 42 52 4F 4B 45 52 0D 43 48 41 52 | THE BROKER.CHAR| 000003D0: 47 45 53 2E 0D 0D 0D 20 20 20 20 D4 48 45 20 53 |GES.... .HE S| 000003E0: 45 43 4F 4E 44 20 53 43 52 45 45 4E 20 53 48 4F |ECOND SCREEN SHO| 000003F0: 57 53 20 54 48 45 0D 53 54 4F 43 4B 53 20 54 48 |WS THE.STOCKS TH| 00000400: 41 54 20 43 41 4E 20 42 45 20 54 52 41 44 45 44 |AT CAN BE TRADED| 00000410: 2C 20 54 48 45 0D 44 49 56 49 44 45 4E 44 20 45 |, THE.DIVIDEND E| 00000420: 41 43 48 20 53 54 4F 43 4B 20 50 41 59 53 2C 20 |ACH STOCK PAYS, | 00000430: 54 48 45 49 52 0D 43 55 52 52 45 4E 54 20 50 52 |THEIR.CURRENT PR| 00000440: 49 43 45 2C 20 54 48 45 20 41 4D 4F 55 4E 54 20 |ICE, THE AMOUNT | 00000450: 54 48 45 20 50 52 49 43 45 0D 48 41 53 20 43 48 |THE PRICE.HAS CH| 00000460: 41 4E 47 45 44 20 54 48 41 54 20 51 55 41 52 54 |ANGED THAT QUART| 00000470: 45 52 2C 20 41 4E 44 20 54 48 45 0D 4E 55 4D 42 |ER, AND THE.NUMB| 00000480: 45 52 20 4F 46 20 53 48 41 52 45 53 20 59 4F 55 |ER OF SHARES YOU| 00000490: 20 4F 57 4E 2E 20 20 D4 48 49 53 0D 53 43 52 45 | OWN. .HIS.SCRE| 000004A0: 45 4E 20 41 4C 53 4F 20 44 49 53 50 4C 41 59 53 |EN ALSO DISPLAYS| 000004B0: 20 54 48 45 20 43 55 52 52 45 4E 54 0D 56 41 4C | THE CURRENT.VAL| 000004C0: 55 45 20 4F 46 20 46 4F 55 52 20 4D 41 52 4B 45 |UE OF FOUR MARKE| 000004D0: 54 20 49 4E 44 45 58 45 53 2C 20 54 48 45 0D 41 |T INDEXES, THE.A| 000004E0: 4D 4F 55 4E 54 20 4F 46 20 43 41 53 48 20 59 4F |MOUNT OF CASH YO| 000004F0: 55 20 48 41 56 45 2C 20 54 48 45 20 54 4F 54 41 |U HAVE, THE TOTA| 00000500: 4C 0D 43 4F 4D 4D 49 53 53 49 4F 4E 53 20 59 4F |L.COMMISSIONS YO| 00000510: 55 20 48 41 56 45 20 50 41 49 44 20 54 48 41 54 |U HAVE PAID THAT| 00000520: 20 54 55 52 4E 2C 0D 41 4E 44 20 59 4F 55 52 20 | TURN,.AND YOUR | 00000530: 4D 41 52 4B 45 54 20 42 41 4C 41 4E 43 45 2E 0D |MARKET BALANCE..| 00000540: 0D 20 20 20 20 C1 4C 4C 20 54 52 41 44 49 4E 47 |. .LL TRADING| 00000550: 20 49 53 20 44 4F 4E 45 20 57 48 49 4C 45 20 54 | IS DONE WHILE T| 00000560: 48 45 0D 53 45 43 4F 4E 44 20 53 43 52 45 45 4E |HE.SECOND SCREEN| 00000570: 20 49 53 20 44 49 53 50 4C 41 59 45 44 2E 20 20 | IS DISPLAYED. | 00000580: D4 4F 20 42 55 59 20 41 0D 53 54 4F 43 4B 20 50 |.O BUY A.STOCK P| 00000590: 52 45 53 53 20 C2 2C 20 54 4F 20 53 45 4C 4C 20 |RESS ., TO SELL | 000005A0: 50 52 45 53 53 20 D3 2C 20 41 4E 44 0D 54 4F 20 |PRESS ., AND.TO | 000005B0: 45 4E 44 20 59 4F 55 52 20 54 55 52 4E 20 50 52 |END YOUR TURN PR| 000005C0: 45 53 53 20 C5 2E 0D 0D 0D 0D 20 20 20 20 D7 48 |ESS ...... .H| 000005D0: 45 4E 20 42 55 59 49 4E 47 20 4F 52 20 53 45 4C |EN BUYING OR SEL| 000005E0: 4C 49 4E 47 20 41 20 53 54 4F 43 4B 0D 59 4F 55 |LING A STOCK.YOU| 000005F0: 20 57 49 4C 4C 20 42 45 20 41 53 4B 45 44 20 54 | WILL BE ASKED T| 00000600: 4F 20 49 4E 50 55 54 20 54 48 45 0D 54 48 52 45 |O INPUT THE.THRE| 00000610: 45 2D 4C 45 54 54 45 52 20 53 59 4D 42 4F 4C 20 |E-LETTER SYMBOL | 00000620: 46 4F 52 20 54 48 45 20 53 54 4F 43 4B 0D 28 4A |FOR THE STOCK.(J| 00000630: 55 53 54 20 50 52 45 53 53 49 4E 47 20 D2 C5 D4 |UST PRESSING ...| 00000640: D5 D2 CE 20 57 49 4C 4C 20 43 41 4E 43 45 4C 20 |... WILL CANCEL | 00000650: 54 48 45 0D 54 52 41 4E 53 41 43 54 49 4F 4E 29 |THE.TRANSACTION)| 00000660: 20 41 4E 44 20 54 48 45 20 4E 55 4D 42 45 52 20 | AND THE NUMBER | 00000670: 4F 46 20 53 48 41 52 45 53 0D 59 4F 55 20 57 49 |OF SHARES.YOU WI| 00000680: 53 48 20 54 4F 20 54 52 41 44 45 2E 20 20 D7 48 |SH TO TRADE. .H| 00000690: 45 4E 20 42 55 59 49 4E 47 20 41 0D 53 54 4F 43 |EN BUYING A.STOC| 000006A0: 4B 20 59 4F 55 20 57 49 4C 4C 20 42 45 20 41 53 |K YOU WILL BE AS| 000006B0: 4B 45 44 20 49 46 20 59 4F 55 20 57 41 4E 54 0D |KED IF YOU WANT.| 000006C0: 54 4F 20 42 55 59 20 4F 4E 20 4D 41 52 47 49 4E |TO BUY ON MARGIN| 000006D0: 2C 20 41 4E 44 20 41 46 54 45 52 20 53 45 4C 4C |, AND AFTER SELL| 000006E0: 49 4E 47 20 41 0D 53 54 4F 43 4B 20 59 4F 55 20 |ING A.STOCK YOU | 000006F0: 57 49 4C 4C 20 42 45 20 41 53 4B 45 44 20 49 46 |WILL BE ASKED IF| 00000700: 20 59 4F 55 20 57 41 4E 54 0D 54 4F 20 50 41 59 | YOU WANT.TO PAY| 00000710: 20 4D 41 52 47 49 4E 2E 0D 0D 20 20 20 20 C2 45 | MARGIN... .E| 00000720: 46 4F 52 45 20 4D 41 4B 49 4E 47 20 59 4F 55 52 |FORE MAKING YOUR| 00000730: 20 49 4E 56 45 53 54 4D 45 4E 54 0D 44 45 43 49 | INVESTMENT.DECI| 00000740: 53 49 4F 4E 53 2C 20 53 54 55 44 59 20 54 48 45 |SIONS, STUDY THE| 00000750: 20 46 4F 55 52 20 4D 41 52 4B 45 54 0D 49 4E 44 | FOUR MARKET.IND| 00000760: 45 58 45 53 2E 20 20 D4 48 45 53 45 20 49 4E 44 |EXES. .HESE IND| 00000770: 45 58 45 53 20 41 52 45 0D 49 4E 54 45 52 52 45 |EXES ARE.INTERRE| 00000780: 4C 41 54 45 44 20 41 4E 44 20 41 46 46 45 43 54 |LATED AND AFFECT| 00000790: 20 54 48 45 0D 50 45 52 46 4F 52 4D 41 4E 43 45 | THE.PERFORMANCE| 000007A0: 20 4F 46 20 49 4E 44 49 56 49 44 55 41 4C 0D 49 | OF INDIVIDUAL.I| 000007B0: 4E 56 45 53 54 4D 45 4E 54 53 2E 0D 0D 0D 20 20 |NVESTMENTS.... | 000007C0: 20 20 C1 4E 20 49 4E 43 52 45 41 53 45 20 49 4E | .N INCREASE IN| 000007D0: 20 54 48 45 20 45 4E 45 52 47 59 20 49 4E 44 45 | THE ENERGY INDE| 000007E0: 58 0D 57 49 4C 4C 20 43 41 55 53 45 20 41 20 52 |X.WILL CAUSE A R| 000007F0: 49 53 45 20 49 4E 20 54 48 45 20 49 4E 46 4C 41 |ISE IN THE INFLA| 00000800: 54 49 4F 4E 0D 49 4E 44 45 58 2E 20 20 D2 49 53 |TION.INDEX. .IS| 00000810: 49 4E 47 20 49 4E 46 4C 41 54 49 4F 4E 20 57 49 |ING INFLATION WI| 00000820: 4C 4C 0D 53 54 49 4D 55 4C 41 54 45 20 45 43 4F |LL.STIMULATE ECO| 00000830: 4E 4F 4D 49 43 20 47 52 4F 57 54 48 20 41 4E 44 |NOMIC GROWTH AND| 00000840: 20 43 41 55 53 45 0D 49 4E 54 45 52 45 53 54 20 | CAUSE.INTEREST | 00000850: 52 41 54 45 53 20 54 4F 20 52 49 53 45 2C 20 42 |RATES TO RISE, B| 00000860: 55 54 20 48 49 47 48 0D 49 4E 46 4C 41 54 49 4F |UT HIGH.INFLATIO| 00000870: 4E 20 57 49 4C 4C 20 48 41 56 45 20 41 20 4E 45 |N WILL HAVE A NE| 00000880: 47 41 54 49 56 45 20 49 4D 50 41 43 54 0D 4F 4E |GATIVE IMPACT.ON| 00000890: 20 54 48 45 20 45 43 4F 4E 4F 4D 59 2E 20 20 CC | THE ECONOMY. .| 000008A0: 4F 57 20 49 4E 54 45 52 45 53 54 20 52 41 54 45 |OW INTEREST RATE| 000008B0: 53 0D 57 49 4C 4C 20 41 49 44 20 45 43 4F 4E 4F |S.WILL AID ECONO| 000008C0: 4D 49 43 20 47 52 4F 57 54 48 2C 20 41 4E 44 20 |MIC GROWTH, AND | 000008D0: 48 49 47 48 0D 52 41 54 45 53 20 57 49 4C 4C 20 |HIGH.RATES WILL | 000008E0: 50 55 54 20 44 4F 57 4E 57 41 52 44 20 50 52 45 |PUT DOWNWARD PRE| 000008F0: 53 53 55 52 45 20 4F 4E 0D 49 4E 46 4C 41 54 49 |SSURE ON.INFLATI| 00000900: 4F 4E 2E 0D 0D 20 20 D4 48 45 52 45 20 41 52 45 |ON... .HERE ARE| 00000910: 20 54 45 4E 20 4D 41 4A 4F 52 20 53 54 4F 43 4B | TEN MAJOR STOCK| 00000920: 53 20 54 52 41 44 45 44 0D 44 55 52 49 4E 47 20 |S TRADED.DURING | 00000930: 54 48 45 20 47 41 4D 45 3A 0D 0D 20 20 C2 CE CB |THE GAME:.. ...| 00000940: 3A 20 41 20 42 41 4E 4B 49 4E 47 20 53 54 4F 43 |: A BANKING STOC| 00000950: 4B 20 54 48 41 54 20 50 45 52 46 4F 52 4D 53 0D |K THAT PERFORMS.| 00000960: 20 20 20 20 20 20 20 42 45 53 54 20 57 48 45 4E | BEST WHEN| 00000970: 20 49 4E 54 45 52 45 53 54 20 52 41 54 45 53 20 | INTEREST RATES | 00000980: 41 52 45 0D 20 20 20 20 20 20 20 4C 4F 57 45 52 |ARE. LOWER| 00000990: 2E 0D 0D 0D 20 20 D2 C9 D4 3A 20 41 20 52 45 41 |.... ...: A REA| 000009A0: 4C 20 45 53 54 41 54 45 20 49 4E 56 45 53 54 4D |L ESTATE INVESTM| 000009B0: 45 4E 54 20 54 52 55 53 54 0D 20 20 20 20 20 20 |ENT TRUST. | 000009C0: 20 53 54 4F 43 4B 20 54 48 41 54 20 44 4F 45 53 | STOCK THAT DOES| 000009D0: 20 42 45 53 54 20 49 4E 0D 20 20 20 20 20 20 20 | BEST IN. | 000009E0: 50 45 52 49 4F 44 53 20 4F 46 20 4C 4F 57 20 49 |PERIODS OF LOW I| 000009F0: 4E 54 45 52 45 53 54 20 52 41 54 45 53 0D 20 20 |NTEREST RATES. | 00000A00: 20 20 20 20 20 42 55 54 20 49 53 20 4D 4F 52 45 | BUT IS MORE| 00000A10: 20 56 4F 4C 41 54 49 4C 45 20 54 48 41 4E 20 C2 | VOLATILE THAN .| 00000A20: CE CB 2E 0D 0D 20 20 D5 D4 CC 3A 20 41 20 55 54 |..... ...: A UT| 00000A30: 49 4C 49 54 59 20 53 54 4F 43 4B 20 54 48 41 54 |ILITY STOCK THAT| 00000A40: 20 49 53 20 41 49 44 45 44 0D 20 20 20 20 20 20 | IS AIDED. | 00000A50: 20 42 59 20 4C 4F 57 45 52 20 49 4E 54 45 52 45 | BY LOWER INTERE| 00000A60: 53 54 20 52 41 54 45 53 20 41 4E 44 0D 20 20 20 |ST RATES AND. | 00000A70: 20 20 20 20 4C 4F 57 45 52 20 45 4E 45 52 47 59 | LOWER ENERGY| 00000A80: 20 50 52 49 43 45 53 2E 0D 0D 20 20 C3 CF CE 3A | PRICES... ...:| 00000A90: 20 41 20 43 4F 4E 53 55 4D 45 52 20 50 52 4F 44 | A CONSUMER PROD| 00000AA0: 55 43 54 53 20 43 4F 4D 50 41 4E 59 0D 20 20 20 |UCTS COMPANY. | 00000AB0: 20 20 20 20 57 48 4F 53 45 20 53 48 41 52 45 53 | WHOSE SHARES| 00000AC0: 20 52 49 53 45 20 44 55 52 49 4E 47 0D 20 20 20 | RISE DURING. | 00000AD0: 20 20 20 20 50 45 52 49 4F 44 53 20 4F 46 20 45 | PERIODS OF E| 00000AE0: 43 4F 4E 4F 4D 49 43 20 47 52 4F 57 54 48 2E 0D |CONOMIC GROWTH..| 00000AF0: 0D 20 20 C4 C5 C6 3A 20 54 48 45 20 53 54 4F 43 |. ...: THE STOC| 00000B00: 4B 20 4F 46 20 41 20 44 45 46 45 4E 53 45 0D 20 |K OF A DEFENSE. | 00000B10: 20 20 20 20 20 20 43 4F 4E 54 52 41 43 54 4F 52 | CONTRACTOR| 00000B20: 20 54 48 41 54 20 48 41 53 20 41 4E 0D 20 20 20 | THAT HAS AN. | 00000B30: 20 20 20 20 55 4E 50 52 45 44 49 43 54 41 42 4C | UNPREDICTABL| 00000B40: 45 20 50 45 52 46 4F 52 4D 41 4E 43 45 2E 0D 0D |E PERFORMANCE...| 00000B50: 0D 0D 20 20 CD C6 C7 3A 20 41 20 4D 41 4E 55 46 |.. ...: A MANUF| 00000B60: 41 43 54 55 52 49 4E 47 20 53 54 4F 43 4B 20 54 |ACTURING STOCK T| 00000B70: 48 41 54 0D 20 20 20 20 20 20 20 44 4F 45 53 20 |HAT. DOES | 00000B80: 57 45 4C 4C 20 41 53 20 54 48 45 20 45 43 4F 4E |WELL AS THE ECON| 00000B90: 4F 4D 49 43 0D 20 20 20 20 20 20 20 49 4E 44 45 |OMIC. INDE| 00000BA0: 58 20 49 4E 43 52 45 41 53 45 53 2E 0D 0D 20 20 |X INCREASES... | 00000BB0: C7 CD C3 3A 20 41 4E 20 41 55 54 4F 20 43 4F 4D |...: AN AUTO COM| 00000BC0: 50 41 4E 59 20 53 54 4F 43 4B 20 54 48 41 54 0D |PANY STOCK THAT.| 00000BD0: 20 20 20 20 20 20 20 50 45 52 46 4F 52 4D 53 20 | PERFORMS | 00000BE0: 42 45 53 54 20 49 4E 20 41 20 47 52 4F 57 49 4E |BEST IN A GROWIN| 00000BF0: 47 0D 20 20 20 20 20 20 20 45 43 4F 4E 4F 4D 59 |G. ECONOMY| 00000C00: 20 42 55 54 20 43 41 4E 20 42 45 20 56 45 52 59 | BUT CAN BE VERY| 00000C10: 0D 20 20 20 20 20 20 20 56 4F 4C 41 54 49 4C 45 |. VOLATILE| 00000C20: 2E 0D 0D 20 20 D4 D7 C1 3A 20 41 4E 20 41 49 52 |... ...: AN AIR| 00000C30: 4C 49 4E 45 20 53 54 4F 43 4B 20 57 48 49 43 48 |LINE STOCK WHICH| 00000C40: 20 49 53 0D 20 20 20 20 20 20 20 48 45 4C 50 45 | IS. HELPE| 00000C50: 44 20 42 59 20 4C 4F 57 45 52 20 45 4E 45 52 47 |D BY LOWER ENERG| 00000C60: 59 20 50 52 49 43 45 53 2E 0D 0D 20 20 C5 D8 CF |Y PRICES... ...| 00000C70: 3A 20 41 4E 20 4F 49 4C 20 43 4F 4D 50 41 4E 59 |: AN OIL COMPANY| 00000C80: 20 53 54 4F 43 4B 20 54 48 41 54 20 44 4F 45 53 | STOCK THAT DOES| 00000C90: 0D 20 20 20 20 20 20 20 57 45 4C 4C 20 44 55 52 |. WELL DUR| 00000CA0: 49 4E 47 20 50 45 52 49 4F 44 53 20 4F 46 0D 20 |ING PERIODS OF. | 00000CB0: 20 20 20 20 20 20 49 4E 43 52 45 41 53 49 4E 47 | INCREASING| 00000CC0: 20 45 4E 45 52 47 59 20 50 52 49 43 45 53 2E 0D | ENERGY PRICES..| 00000CD0: 0D 20 20 CD C9 CE 3A 20 41 4E 20 45 58 54 52 45 |. ...: AN EXTRE| 00000CE0: 4D 45 4C 59 20 56 4F 4C 41 54 49 4C 45 20 4D 49 |MELY VOLATILE MI| 00000CF0: 4E 49 4E 47 0D 20 20 20 20 20 20 20 53 54 4F 43 |NING. STOC| 00000D00: 4B 20 54 48 41 54 20 46 4C 55 43 54 55 41 54 45 |K THAT FLUCTUATE| 00000D10: 53 20 57 49 54 48 20 54 48 45 0D 20 20 20 20 20 |S WITH THE. | 00000D20: 20 20 49 4E 46 4C 41 54 49 4F 4E 20 52 41 54 45 | INFLATION RATE| 00000D30: 2E 0D 20 20 C9 4E 20 41 44 44 49 54 49 4F 4E 20 |.. .N ADDITION | 00000D40: 54 48 45 52 45 20 41 52 45 20 54 57 4F 20 49 4E |THERE ARE TWO IN| 00000D50: 43 4F 4D 45 0D 49 4E 56 45 53 54 4D 45 4E 54 53 |COME.INVESTMENTS| 00000D60: 3A 0D 0D 20 20 C2 CE C4 3A 20 41 20 43 4F 52 50 |:.. ...: A CORP| 00000D70: 4F 52 41 54 45 20 42 4F 4E 44 20 57 48 4F 53 45 |ORATE BOND WHOSE| 00000D80: 20 50 52 49 43 45 0D 20 20 20 20 20 20 20 43 48 | PRICE. CH| 00000D90: 41 4E 47 45 53 20 49 4E 56 45 52 53 45 4C 59 20 |ANGES INVERSELY | 00000DA0: 54 4F 20 49 4E 54 45 52 45 53 54 0D 20 20 20 20 |TO INTEREST. | 00000DB0: 20 20 20 52 41 54 45 53 2E 0D 0D 20 20 CD CB D4 | RATES... ...| 00000DC0: 3A 20 41 20 4D 4F 4E 45 59 20 4D 41 52 4B 45 54 |: A MONEY MARKET| 00000DD0: 20 46 55 4E 44 20 57 48 4F 53 45 0D 20 20 20 20 | FUND WHOSE. | 00000DE0: 20 20 20 53 48 41 52 45 20 44 4F 45 53 20 4E 4F | SHARE DOES NO| 00000DF0: 54 20 43 48 41 4E 47 45 20 42 55 54 0D 20 20 20 |T CHANGE BUT. | 00000E00: 20 20 20 20 57 48 4F 53 45 20 44 49 56 49 44 45 | WHOSE DIVIDE| 00000E10: 4E 44 20 46 4C 55 43 54 55 41 54 45 53 20 57 49 |ND FLUCTUATES WI| 00000E20: 54 48 0D 20 20 20 20 20 20 20 49 4E 54 45 52 45 |TH. INTERE| 00000E30: 53 54 20 52 41 54 45 53 2E 0D 0D 20 20 20 20 C9 |ST RATES... .| 00000E40: 4E 56 45 53 54 4D 45 4E 54 53 20 50 41 59 20 54 |NVESTMENTS PAY T| 00000E50: 48 45 49 52 20 44 49 56 49 44 45 4E 44 53 20 54 |HEIR DIVIDENDS T| 00000E60: 4F 0D 53 48 41 52 45 48 4F 4C 44 45 52 53 20 41 |O.SHAREHOLDERS A| 00000E70: 54 20 54 48 45 20 45 4E 44 20 4F 46 20 45 41 43 |T THE END OF EAC| 00000E80: 48 20 59 45 41 52 0D 45 58 43 45 50 54 20 CD CB |H YEAR.EXCEPT ..| 00000E90: D4 20 57 48 49 43 48 20 50 41 59 53 20 4F 4E 45 |. WHICH PAYS ONE| 00000EA0: 2D 46 4F 55 52 54 48 20 4F 46 0D 49 54 53 20 44 |-FOURTH OF.ITS D| 00000EB0: 49 56 49 44 45 4E 44 20 45 41 43 48 20 51 55 41 |IVIDEND EACH QUA| 00000EC0: 52 54 45 52 2E 0D 0D 0D 0D 20 20 20 20 C9 46 20 |RTER..... .F | 00000ED0: 54 48 45 20 50 52 49 43 45 20 4F 46 20 41 20 53 |THE PRICE OF A S| 00000EE0: 54 4F 43 4B 20 44 52 4F 50 53 20 54 4F 0D 5A 45 |TOCK DROPS TO.ZE| 00000EF0: 52 4F 2C 20 54 48 45 20 43 4F 4D 50 41 4E 59 20 |RO, THE COMPANY | 00000F00: 49 53 20 42 41 4E 4B 52 55 50 54 20 41 4E 44 0D |IS BANKRUPT AND.| 00000F10: 59 4F 55 20 57 49 4C 4C 20 4C 4F 53 45 20 41 4E |YOU WILL LOSE AN| 00000F20: 59 20 53 48 41 52 45 53 20 59 4F 55 20 4F 57 4E |Y SHARES YOU OWN| 00000F30: 2E 0D D4 48 45 20 43 4F 4D 50 41 4E 59 20 57 49 |...HE COMPANY WI| 00000F40: 4C 4C 20 52 45 53 54 52 55 43 54 55 52 45 20 41 |LL RESTRUCTURE A| 00000F50: 4E 44 20 49 54 53 0D 53 54 4F 43 4B 20 57 49 4C |ND ITS.STOCK WIL| 00000F60: 4C 20 42 45 47 49 4E 20 54 52 41 44 49 4E 47 20 |L BEGIN TRADING | 00000F70: 41 47 41 49 4E 20 54 48 45 0D 4E 45 58 54 20 51 |AGAIN THE.NEXT Q| 00000F80: 55 41 52 54 45 52 2E 20 20 C9 46 20 54 48 45 20 |UARTER. .F THE | 00000F90: 50 52 49 43 45 20 4F 46 20 41 0D 53 54 4F 43 4B |PRICE OF A.STOCK| 00000FA0: 20 43 4C 49 4D 42 53 20 54 4F 20 24 32 30 30 20 | CLIMBS TO $200 | 00000FB0: 54 48 45 20 53 54 4F 43 4B 20 57 49 4C 4C 0D 53 |THE STOCK WILL.S| 00000FC0: 50 4C 49 54 2E 20 20 D4 48 45 20 4E 55 4D 42 45 |PLIT. .HE NUMBE| 00000FD0: 52 20 4F 46 20 53 48 41 52 45 53 20 59 4F 55 20 |R OF SHARES YOU | 00000FE0: 4F 57 4E 0D 57 49 4C 4C 20 42 45 20 44 4F 55 42 |OWN.WILL BE DOUB| 00000FF0: 4C 45 44 2C 20 41 4E 44 20 54 48 45 20 53 48 41 |LED, AND THE SHA| 00001000: 52 45 20 50 52 49 43 45 0D 57 49 4C 4C 20 42 45 |RE PRICE.WILL BE| 00001010: 20 48 41 4C 56 45 44 2E 0D 0D 20 20 20 20 C9 4E | HALVED... .N| 00001020: 20 54 48 45 20 46 49 52 53 54 20 51 55 41 52 54 | THE FIRST QUART| 00001030: 45 52 20 4F 46 20 54 48 45 20 46 49 52 53 54 0D |ER OF THE FIRST.| 00001040: 45 49 47 48 54 20 59 45 41 52 53 20 41 20 4E 45 |EIGHT YEARS A NE| 00001050: 57 20 49 53 53 55 45 20 57 49 4C 4C 20 42 45 0D |W ISSUE WILL BE.| 00001060: 4F 46 46 45 52 45 44 2E 20 20 D4 48 45 53 45 20 |OFFERED. .HESE | 00001070: 53 54 4F 43 4B 53 20 50 41 59 20 4E 4F 0D 44 49 |STOCKS PAY NO.DI| 00001080: 56 49 44 45 4E 44 53 20 41 4E 44 20 41 52 45 20 |VIDENDS AND ARE | 00001090: 45 58 54 52 45 4D 45 4C 59 0D 56 4F 4C 41 54 49 |EXTREMELY.VOLATI| 000010A0: 4C 45 2E 20 20 C9 46 20 54 48 45 20 50 52 49 43 |LE. .F THE PRIC| 000010B0: 45 20 4F 46 20 4F 4E 45 20 4F 46 0D 54 48 45 53 |E OF ONE OF.THES| 000010C0: 45 20 53 54 4F 43 4B 53 20 44 52 4F 50 53 20 54 |E STOCKS DROPS T| 000010D0: 4F 20 5A 45 52 4F 20 54 48 45 4E 20 54 48 45 0D |O ZERO THEN THE.| 000010E0: 43 4F 4D 50 41 4E 59 20 49 53 20 42 41 4E 4B 52 |COMPANY IS BANKR| 000010F0: 55 50 54 2C 20 41 4E 44 20 54 48 45 20 53 54 4F |UPT, AND THE STO| 00001100: 43 4B 20 49 53 0D 52 45 4D 4F 56 45 44 20 46 52 |CK IS.REMOVED FR| 00001110: 4F 4D 20 54 48 45 20 47 41 4D 45 2E 0D 0D 20 20 |OM THE GAME... | 00001120: 20 20 D7 48 45 4E 20 59 4F 55 20 42 55 59 20 41 | .HEN YOU BUY A| 00001130: 20 53 54 4F 43 4B 20 59 4F 55 20 43 41 4E 0D 42 | STOCK YOU CAN.B| 00001140: 4F 52 52 4F 57 20 4D 4F 4E 45 59 20 46 52 4F 4D |ORROW MONEY FROM| 00001150: 20 59 4F 55 52 20 42 52 4F 4B 45 52 20 45 49 54 | YOUR BROKER EIT| 00001160: 48 45 52 0D 42 59 20 41 4C 4C 4F 57 49 4E 47 20 |HER.BY ALLOWING | 00001170: 59 4F 55 52 20 43 41 53 48 20 42 41 4C 41 4E 43 |YOUR CASH BALANC| 00001180: 45 20 54 4F 20 47 4F 0D 42 45 4C 4F 57 20 5A 45 |E TO GO.BELOW ZE| 00001190: 52 4F 20 28 42 55 54 20 55 53 55 41 4C 4C 59 20 |RO (BUT USUALLY | 000011A0: 4E 4F 54 20 4C 4F 57 45 52 0D 54 48 41 4E 20 2D |NOT LOWER.THAN -| 000011B0: 24 31 30 30 30 29 20 4F 52 20 42 59 20 42 55 59 |$1000) OR BY BUY| 000011C0: 49 4E 47 20 4F 4E 20 4D 41 52 47 49 4E 2E 0D D7 |ING ON MARGIN...| 000011D0: 48 45 4E 20 59 4F 55 20 42 55 59 20 4F 4E 20 4D |HEN YOU BUY ON M| 000011E0: 41 52 47 49 4E 20 59 4F 55 20 50 41 59 20 4F 4E |ARGIN YOU PAY ON| 000011F0: 4C 59 0D 48 41 4C 46 20 54 48 45 20 43 4F 53 54 |LY.HALF THE COST| 00001200: 20 4F 46 20 54 48 45 20 53 54 4F 43 4B 2C 20 41 | OF THE STOCK, A| 00001210: 4E 44 20 54 48 45 0D 42 52 4F 4B 45 52 20 4C 45 |ND THE.BROKER LE| 00001220: 4E 44 53 20 59 4F 55 20 54 48 45 20 4F 54 48 45 |NDS YOU THE OTHE| 00001230: 52 20 48 41 4C 46 2E 0D D7 48 45 4E 20 59 4F 55 |R HALF...HEN YOU| 00001240: 20 53 45 4C 4C 20 41 20 53 54 4F 43 4B 20 59 4F | SELL A STOCK YO| 00001250: 55 20 57 49 4C 4C 20 42 45 0D 47 49 56 45 4E 20 |U WILL BE.GIVEN | 00001260: 41 20 43 48 41 4E 43 45 20 54 4F 20 50 41 59 20 |A CHANCE TO PAY | 00001270: 50 41 52 54 20 4F 52 20 41 4C 4C 20 4F 46 0D 59 |PART OR ALL OF.Y| 00001280: 4F 55 52 20 4D 41 52 47 49 4E 20 42 41 4C 41 4E |OUR MARGIN BALAN| 00001290: 43 45 2E 20 20 D4 48 45 20 42 52 4F 4B 45 52 0D |CE. .HE BROKER.| 000012A0: 43 48 41 52 47 45 53 20 54 57 4F 20 50 45 52 43 |CHARGES TWO PERC| 000012B0: 45 4E 54 20 49 4E 54 45 52 45 53 54 20 50 45 52 |ENT INTEREST PER| 000012C0: 0D 51 55 41 52 54 45 52 20 4F 4E 20 4D 41 52 47 |.QUARTER ON MARG| 000012D0: 49 4E 20 42 41 4C 41 4E 43 45 53 20 41 4E 44 0D |IN BALANCES AND.| 000012E0: 4E 45 47 41 54 49 56 45 20 43 41 53 48 20 42 41 |NEGATIVE CASH BA| 000012F0: 4C 41 4E 43 45 53 2E 20 20 D4 48 45 20 42 52 4F |LANCES. .HE BRO| 00001300: 4B 45 52 0D 41 4C 53 4F 20 43 48 41 52 47 45 53 |KER.ALSO CHARGES| 00001310: 20 41 20 43 4F 4D 4D 49 53 53 49 4F 4E 20 4F 46 | A COMMISSION OF| 00001320: 20 54 45 4E 0D 44 4F 4C 4C 41 52 53 20 50 4C 55 | TEN.DOLLARS PLU| 00001330: 53 20 54 45 4E 20 43 45 4E 54 53 20 50 45 52 20 |S TEN CENTS PER | 00001340: 53 48 41 52 45 20 4F 4E 0D 45 41 43 48 20 54 52 |SHARE ON.EACH TR| 00001350: 41 4E 53 41 43 54 49 4F 4E 2E 0D 0D 20 20 20 20 |ANSACTION... | 00001360: C9 46 20 59 4F 55 52 20 4D 41 52 47 49 4E 20 42 |.F YOUR MARGIN B| 00001370: 41 4C 41 4E 43 45 20 45 58 43 45 45 44 53 0D 48 |ALANCE EXCEEDS.H| 00001380: 41 4C 46 20 54 48 45 20 56 41 4C 55 45 20 4F 46 |ALF THE VALUE OF| 00001390: 20 59 4F 55 52 20 50 4F 52 54 46 4F 4C 49 4F 20 | YOUR PORTFOLIO | 000013A0: 59 4F 55 0D 57 49 4C 4C 20 42 45 20 46 41 43 45 |YOU.WILL BE FACE| 000013B0: 44 20 57 49 54 48 20 41 20 4D 41 52 47 49 4E 20 |D WITH A MARGIN | 000013C0: 43 41 4C 4C 2E 0D D9 4F 55 20 57 49 4C 4C 20 48 |CALL...OU WILL H| 000013D0: 41 56 45 20 54 4F 20 50 41 59 20 4F 46 46 20 41 |AVE TO PAY OFF A| 000013E0: 20 43 45 52 54 41 49 4E 0D 41 4D 4F 55 4E 54 20 | CERTAIN.AMOUNT | 000013F0: 4F 46 20 59 4F 55 52 20 4D 41 52 47 49 4E 20 42 |OF YOUR MARGIN B| 00001400: 41 4C 41 4E 43 45 20 42 45 46 4F 52 45 0D 59 4F |ALANCE BEFORE.YO| 00001410: 55 20 57 49 4C 4C 20 42 45 20 41 4C 4C 4F 57 45 |U WILL BE ALLOWE| 00001420: 44 20 54 4F 20 54 52 41 44 45 2E 20 20 D7 48 45 |D TO TRADE. .HE| 00001430: 4E 0D 54 48 45 20 56 41 4C 55 45 20 4F 46 20 59 |N.THE VALUE OF Y| 00001440: 4F 55 52 20 50 4F 52 54 46 4F 4C 49 4F 20 44 52 |OUR PORTFOLIO DR| 00001450: 4F 50 53 0D 42 45 4C 4F 57 20 5A 45 52 4F 2C 20 |OPS.BELOW ZERO, | 00001460: 54 48 45 4E 20 59 4F 55 20 41 52 45 20 42 41 4E |THEN YOU ARE BAN| 00001470: 4B 52 55 50 54 20 41 4E 44 0D 54 48 45 20 47 41 |KRUPT AND.THE GA| 00001480: 4D 45 20 45 4E 44 53 2E 0D 0D 20 20 20 20 D2 45 |ME ENDS... .E| 00001490: 4D 45 4D 42 45 52 20 54 4F 20 57 41 54 43 48 20 |MEMBER TO WATCH | 000014A0: 54 48 45 20 49 4E 44 45 58 45 53 2E 0D D7 48 41 |THE INDEXES...HA| 000014B0: 54 20 47 4F 45 53 20 55 50 20 57 49 4C 4C 20 4D |T GOES UP WILL M| 000014C0: 4F 53 54 20 4C 49 4B 45 4C 59 20 43 4F 4D 45 0D |OST LIKELY COME.| 000014D0: 44 4F 57 4E 20 41 4E 44 20 56 49 43 45 20 56 45 |DOWN AND VICE VE| 000014E0: 52 53 41 2E 20 20 C2 45 20 43 41 52 45 46 55 4C |RSA. .E CAREFUL| 000014F0: 20 57 48 45 4E 0D 42 55 59 49 4E 47 20 53 54 4F | WHEN.BUYING STO| 00001500: 43 4B 53 20 4F 4E 20 4D 41 52 47 49 4E 2E 20 20 |CKS ON MARGIN. | 00001510: C1 20 53 48 41 52 50 0D 44 45 43 4C 49 4E 45 20 |. SHARP.DECLINE | 00001520: 49 4E 20 54 48 45 20 56 41 4C 55 45 20 4F 46 20 |IN THE VALUE OF | 00001530: 41 20 4D 41 52 47 49 4E 45 44 0D 53 54 4F 43 4B |A MARGINED.STOCK| 00001540: 20 43 4F 55 4C 44 20 46 4F 52 43 45 20 59 4F 55 | COULD FORCE YOU| 00001550: 20 49 4E 54 4F 0D 42 41 4E 4B 52 55 50 54 43 59 | INTO.BANKRUPTCY| 00001560: 2E 20 20 CF 4E 4C 59 20 54 48 45 20 42 52 41 56 |. .NLY THE BRAV| 00001570: 45 53 54 20 28 4F 52 0D 4D 4F 53 54 20 46 4F 4F |EST (OR.MOST FOO| 00001580: 4C 48 41 52 44 59 29 20 49 4E 56 45 53 54 4F 52 |LHARDY) INVESTOR| 00001590: 20 53 48 4F 55 4C 44 20 42 55 59 0D 54 48 45 20 | SHOULD BUY.THE | 000015A0: 4E 45 57 20 49 53 53 55 45 53 20 4F 4E 20 4D 41 |NEW ISSUES ON MA| 000015B0: 52 47 49 4E 2E 0D 0D 20 20 20 20 CB 4E 4F 57 4C |RGIN... .NOWL| 000015C0: 45 44 47 45 20 41 42 4F 55 54 20 54 48 45 20 53 |EDGE ABOUT THE S| 000015D0: 54 4F 43 4B 20 4D 41 52 4B 45 54 0D 57 49 4C 4C |TOCK MARKET.WILL| 000015E0: 20 48 45 4C 50 20 59 4F 55 20 49 4E 20 54 48 49 | HELP YOU IN THI| 000015F0: 53 20 53 49 4D 55 4C 41 54 49 4F 4E 2C 20 42 55 |S SIMULATION, BU| 00001600: 54 0D 49 46 20 59 4F 55 20 44 4F 4E 27 54 20 48 |T.IF YOU DON'T H| 00001610: 41 56 45 20 41 4E 59 20 4E 4F 57 2C 20 50 4C 41 |AVE ANY NOW, PLA| 00001620: 59 20 54 48 49 53 0D 47 41 4D 45 20 41 20 46 45 |Y THIS.GAME A FE| 00001630: 57 20 54 49 4D 45 53 20 41 4E 44 20 59 4F 55 27 |W TIMES AND YOU'| 00001640: 4C 4C 20 46 49 4E 44 0D 59 4F 55 52 53 45 4C 46 |LL FIND.YOURSELF| 00001650: 20 53 4B 49 4D 4D 49 4E 47 20 54 48 45 20 42 55 | SKIMMING THE BU| 00001660: 53 49 4E 45 53 53 20 50 41 47 45 53 0D 4F 46 20 |SINESS PAGES.OF | 00001670: 54 48 45 20 4E 45 57 53 50 41 50 45 52 20 4A 55 |THE NEWSPAPER JU| 00001680: 53 54 20 4C 49 4B 45 20 54 48 45 20 52 49 43 48 |ST LIKE THE RICH| 00001690: 0D 46 4F 4C 4B 53 20 44 4F 2E 0D 0D C4 C9 D3 CB |.FOLKS DO.......| 000016A0: 20 C6 C9 CC C5 D3 20 D4 C8 C9 D3 20 D0 D2 CF C7 | ..... .... ....| 000016B0: D2 C1 CD 20 D5 D3 C5 D3 0D 0D C2 D5 CC CC D3 20 |... ........... | 000016C0: 26 20 C2 C5 C1 D2 D3 20 20 20 20 20 20 D4 2E C2 |& ..... ...| 000016D0: D5 CC FF FF FF B5 DC FF FF 0D 1F 0A FF FF FF FF |................| 000016E0: FF FF FF FF FF FC FF FF FF FF FF FF FF FF FF FF |................| 000016F0: FF FF FF FF FF FF FF FF FF FF FF FF FF FF FF FF |................| 00001700: FF FF FF FF FF FF FF FF FF FF FF FF FF FF FF FF |................| 00001710: FF FF FF FF FF FF FF FF FF 02 FF FF FF FF FF 60 |...............`| 00001720: FF FF 00 FF FF FF FF FF FF FF FF FF FF FF FF FF |................| 00001730: FF FF FF 82 FF FF C8 FF 62 FF FF FF FF FF FF FF |........b.......| 00001740: FF FF FF FF FF FF 03 FF FF A8 FF FF FF A0 FF FF |................| 00001750: FF FF FF FF FF FF FF FF FF FF FF FF FF FF 00 FF |................| 00001760: FF A0 FF FF FF FF FF FF FF FF FF 22 FF FF FF FF |..........."....| 00001770: FF FF FF FF FF FF 00 FF FF FF FF FF FF FF FF FF |................| 00001780: FF 61 FF FF 6B FF FF FF FF 80 FF FF FF FF FF FF |.a..k...........| 00001790: FF FF FF FF FF FF 98 FF FF 08 FF FF FF FF FF FF |................| 000017A0: FF C2 22 22 FF FF AF 0F 02 C2 A2 A2 FF FF AF 0F |..""............| 000017B0: 02 FF FF 22 FF FF AF 0F 02 FF FF A2 FF FF AF 0F |..."............| 000017C0: 02 C3 23 22 FF FF AF 0F 02 C3 A3 A2 FF FF AF 0F |..#"............|
..^U:CBM.. BULLS AND BEARS..
BY KIRK WARD.. LAST OCTOBE
R WALL STREET.UNDERWENT A MAJOR FLUCTUAT
ION THAT.HAD THE ANALYSTS PREDICTING ALL
SORTS.OF CONFLICTING THINGS. IF INVEST
ORS.HAD PLAYED STOCK MARKET SIMULATIONS.
LIKE BULLS AND BEARS MORE THEY MAY.HAVE
AVOIDED ALL OF THAT.TEETH-GNASHING AND H
AIR-PULLING... BUT THEN AGAIN, PERHAP
S PLAYING.GAMES WITH OTHER PEOPLE'S MONE
Y IS.WHAT CAUSED THE 'CRASH' IN THE FIRS
T.PLACE... BULLS AND BEARS IS A SAFE
AND.SANE, ONE- OR TWO-PLAYER STOCK.MARKE
T SIMULATION GAME. YOU START.WITH $10,0
00, AND AT THE BEGINNING OF.EACH QUARTER
FOR THE NEXT TEN YEARS.YOU CAN CHOOSE F
ROM A VARIETY OF.INVESTMENTS IN AN ATTEM
PT TO MAXIMIZE.THE RETURN ON YOUR PORTFO
LIO... TWO SCREENS APPEAR DURING EACH
.TURN. THE FIRST DISPLAYS THE CURRENT.V
ALUE OF YOUR PORTFOLIO INCLUDING THE.VAL
UE OF THE STOCKS YOU OWN, YOUR.CASH BALA
NCE, ANY DIVIDENDS YOU.RECEIVED THAT TUR
N, YOUR MARGIN.BALANCE, AND ANY INTEREST
THE BROKER.CHARGES.... THE SECOND SC
REEN SHOWS THE.STOCKS THAT CAN BE TRADED
, THE.DIVIDEND EACH STOCK PAYS, THEIR.CU
RRENT PRICE, THE AMOUNT THE PRICE.HAS CH
ANGED THAT QUARTER, AND THE.NUMBER OF SH
ARES YOU OWN. THIS.SCREEN ALSO DISPLAYS
THE CURRENT.VALUE OF FOUR MARKET INDEXE
S, THE.AMOUNT OF CASH YOU HAVE, THE TOTA
L.COMMISSIONS YOU HAVE PAID THAT TURN,.A
ND YOUR MARKET BALANCE... ALL TRADING
IS DONE WHILE THE.SECOND SCREEN IS DISP
LAYED. TO BUY A.STOCK PRESS B, TO SELL
PRESS S, AND.TO END YOUR TURN PRESS E...
.. WHEN BUYING OR SELLING A STOCK.YOU
WILL BE ASKED TO INPUT THE.THREE-LETTER
SYMBOL FOR THE STOCK.(JUST PRESSING RET
URN WILL CANCEL THE.TRANSACTION) AND THE
NUMBER OF SHARES.YOU WISH TO TRADE. WH
EN BUYING A.STOCK YOU WILL BE ASKED IF Y
OU WANT.TO BUY ON MARGIN, AND AFTER SELL
ING A.STOCK YOU WILL BE ASKED IF YOU WAN
T.TO PAY MARGIN... BEFORE MAKING YOUR
INVESTMENT.DECISIONS, STUDY THE FOUR MA
RKET.INDEXES. THESE INDEXES ARE.INTERRE
LATED AND AFFECT THE.PERFORMANCE OF INDI
VIDUAL.INVESTMENTS.... AN INCREASE IN
THE ENERGY INDEX.WILL CAUSE A RISE IN T
HE INFLATION.INDEX. RISING INFLATION WI
LL.STIMULATE ECONOMIC GROWTH AND CAUSE.I
NTEREST RATES TO RISE, BUT HIGH.INFLATIO
N WILL HAVE A NEGATIVE IMPACT.ON THE ECO
NOMY. LOW INTEREST RATES.WILL AID ECONO
MIC GROWTH, AND HIGH.RATES WILL PUT DOWN
WARD PRESSURE ON.INFLATION... THERE ARE
TEN MAJOR STOCKS TRADED.DURING THE GAME
:.. BNK: A BANKING STOCK THAT PERFORMS.
BEST WHEN INTEREST RATES ARE.
LOWER.... RIT: A REAL ESTATE INVESTM
ENT TRUST. STOCK THAT DOES BEST IN
. PERIODS OF LOW INTEREST RATES.
BUT IS MORE VOLATILE THAN BNK... U
TL: A UTILITY STOCK THAT IS AIDED.
BY LOWER INTEREST RATES AND. LOWE
R ENERGY PRICES... CON: A CONSUMER PROD
UCTS COMPANY. WHOSE SHARES RISE DU
RING. PERIODS OF ECONOMIC GROWTH..
. DEF: THE STOCK OF A DEFENSE. CO
NTRACTOR THAT HAS AN. UNPREDICTABL
E PERFORMANCE..... MFG: A MANUFACTURING
STOCK THAT. DOES WELL AS THE ECON
OMIC. INDEX INCREASES... GMC: AN
AUTO COMPANY STOCK THAT. PERFORMS
BEST IN A GROWING. ECONOMY BUT CAN
BE VERY. VOLATILE... TWA: AN AIR
LINE STOCK WHICH IS. HELPED BY LOW
ER ENERGY PRICES... EXO: AN OIL COMPANY
STOCK THAT DOES. WELL DURING PERI
ODS OF. INCREASING ENERGY PRICES..
. MIN: AN EXTREMELY VOLATILE MINING.
STOCK THAT FLUCTUATES WITH THE.
INFLATION RATE.. IN ADDITION THERE AR
E TWO INCOME.INVESTMENTS:.. BND: A CORP
ORATE BOND WHOSE PRICE. CHANGES IN
VERSELY TO INTEREST. RATES... MKT
: A MONEY MARKET FUND WHOSE. SHARE
DOES NOT CHANGE BUT. WHOSE DIVIDE
ND FLUCTUATES WITH. INTEREST RATES
... INVESTMENTS PAY THEIR DIVIDENDS T
O.SHAREHOLDERS AT THE END OF EACH YEAR.E
XCEPT MKT WHICH PAYS ONE-FOURTH OF.ITS D
IVIDEND EACH QUARTER..... IF THE PRIC
E OF A STOCK DROPS TO.ZERO, THE COMPANY
IS BANKRUPT AND.YOU WILL LOSE ANY SHARES
YOU OWN..THE COMPANY WILL RESTRUCTURE A
ND ITS.STOCK WILL BEGIN TRADING AGAIN TH
E.NEXT QUARTER. IF THE PRICE OF A.STOCK
CLIMBS TO $200 THE STOCK WILL.SPLIT. T
HE NUMBER OF SHARES YOU OWN.WILL BE DOUB
LED, AND THE SHARE PRICE.WILL BE HALVED.
.. IN THE FIRST QUARTER OF THE FIRST.
EIGHT YEARS A NEW ISSUE WILL BE.OFFERED.
THESE STOCKS PAY NO.DIVIDENDS AND ARE
EXTREMELY.VOLATILE. IF THE PRICE OF ONE
OF.THESE STOCKS DROPS TO ZERO THEN THE.
COMPANY IS BANKRUPT, AND THE STOCK IS.RE
MOVED FROM THE GAME... WHEN YOU BUY A
STOCK YOU CAN.BORROW MONEY FROM YOUR BR
OKER EITHER.BY ALLOWING YOUR CASH BALANC
E TO GO.BELOW ZERO (BUT USUALLY NOT LOWE
R.THAN -$1000) OR BY BUYING ON MARGIN..W
HEN YOU BUY ON MARGIN YOU PAY ONLY.HALF
THE COST OF THE STOCK, AND THE.BROKER LE
NDS YOU THE OTHER HALF..WHEN YOU SELL A
STOCK YOU WILL BE.GIVEN A CHANCE TO PAY
PART OR ALL OF.YOUR MARGIN BALANCE. THE
BROKER.CHARGES TWO PERCENT INTEREST PER
.QUARTER ON MARGIN BALANCES AND.NEGATIVE
CASH BALANCES. THE BROKER.ALSO CHARGES
A COMMISSION OF TEN.DOLLARS PLUS TEN CE
NTS PER SHARE ON.EACH TRANSACTION...
IF YOUR MARGIN BALANCE EXCEEDS.HALF THE
VALUE OF YOUR PORTFOLIO YOU.WILL BE FACE
D WITH A MARGIN CALL..YOU WILL HAVE TO P
AY OFF A CERTAIN.AMOUNT OF YOUR MARGIN B
ALANCE BEFORE.YOU WILL BE ALLOWED TO TRA
DE. WHEN.THE VALUE OF YOUR PORTFOLIO DR
OPS.BELOW ZERO, THEN YOU ARE BANKRUPT AN
D.THE GAME ENDS... REMEMBER TO WATCH
THE INDEXES..WHAT GOES UP WILL MOST LIKE
LY COME.DOWN AND VICE VERSA. BE CAREFUL
WHEN.BUYING STOCKS ON MARGIN. A SHARP.
DECLINE IN THE VALUE OF A MARGINED.STOCK
COULD FORCE YOU INTO.BANKRUPTCY. ONLY
THE BRAVEST (OR.MOST FOOLHARDY) INVESTOR
SHOULD BUY.THE NEW ISSUES ON MARGIN...
KNOWLEDGE ABOUT THE STOCK MARKET.WILL
HELP YOU IN THIS SIMULATION, BUT.IF YOU
DON'T HAVE ANY NOW, PLAY THIS.GAME A FE
W TIMES AND YOU'LL FIND.YOURSELF SKIMMIN
G THE BUSINESS PAGES.OF THE NEWSPAPER JU
ST LIKE THE RICH.FOLKS DO...DISK FILES T
HIS PROGRAM USES..BULLS & BEARS T.B
UL......................................
.......................................`
......................H.B...............
..... ................... ........."....
.................A..K...................
.........B"".....B........."............
.C#".....C......
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