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PART FIVE·Read the following text.·In most of the lines 34—45 there is one extra word. It is either grammatically incorrect or does not fit in with the sense of the text. Some lines, however, are correct.·If a line is correct, write CORRECT on your answer sheet.·If there is an extra word in the line, write the extra word in CAPITAL LETTERS on your answer sheet.The strong action Tuesday in the usually stodgy old industrialgroups such as steel, mining and farm when equipment prompted a (34) ______number of market commentators to shake their heads in dismay and (35) ______comment on the outrageous quarter-end window-dressing games.But the attitude is that these stocks are being artificially manipulated (36) ______by desperate funds trying to send the message on that they are (37) ______holding the hottest groups and not with the technology and chip (38) ______stocks that have been the big losers recently.Certainly, manipulation of stock at prices is not something that we (39) ______want to promote, but in many cases what we are seeing is simply (40) ______traders creating a self-fulfilling prophecy’ rather than outrightmanipulation. Traders expect window-dressing to occur in the stocksthat have been hottest lately. They don’t wait for the moves to occurwithout them; because they get in front of the anticipated move and (41) ______cause it to occur. In many cases, since the end-of-the-quarter (42) ______window-dressing is nothing more than the work of overzealous traders.Whatever the cause of quarter-end price in movement might be, as (43) ______traders like we must take advantage of it. A lot of commentators (44) ______whine about how terrible it is that these games are played, but if youare a longer-term investor, so short-term price movements are totally (45) ______irrelevant, and if you are a short-term trader you should be happy tosee the increased volatility. 43()

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PART FIVE·Read the following text.·In most of the lines 34—45 there is one extra word. It is either grammatically incorrect or does not fit in with the sense of the text. Some lines, however, are correct.·If a line is correct, write CORRECT on your answer sheet.·If there is an extra word in the line, write the extra word in CAPITAL LETTERS on your answer sheet.The strong action Tuesday in the usually stodgy old industrialgroups such as steel, mining and farm when equipment prompted a (34) ______number of market commentators to shake their heads in dismay and (35) ______comment on the outrageous quarter-end window-dressing games.But the attitude is that these stocks are being artificially manipulated (36) ______by desperate funds trying to send the message on that they are (37) ______holding the hottest groups and not with the technology and chip (38) ______stocks that have been the big losers recently.Certainly, manipulation of stock at prices is not something that we (39) ______want to promote, but in many cases what we are seeing is simply (40) ______traders creating a self-fulfilling prophecy’ rather than outrightmanipulation. Traders expect window-dressing to occur in the stocksthat have been hottest lately. They don’t wait for the moves to occurwithout them; because they get in front of the anticipated move and (41) ______cause it to occur. In many cases, since the end-of-the-quarter (42) ______window-dressing is nothing more than the work of overzealous traders.Whatever the cause of quarter-end price in movement might be, as (43) ______traders like we must take advantage of it. A lot of commentators (44) ______whine about how terrible it is that these games are played, but if youare a longer-term investor, so short-term price movements are totally (45) ______irrelevant, and if you are a short-term trader you should be happy tosee the increased volatility. 45()

PART FIVE·Read the following text.·In most of the lines 34—45 there is one extra word. It is either grammatically incorrect or does not fit in with the sense of the text. Some lines, however, are correct.·If a line is correct, write CORRECT on your answer sheet.·If there is an extra word in the line, write the extra word in CAPITAL LETTERS on your answer sheet.The strong action Tuesday in the usually stodgy old industrialgroups such as steel, mining and farm when equipment prompted a (34) ______number of market commentators to shake their heads in dismay and (35) ______comment on the outrageous quarter-end window-dressing games.But the attitude is that these stocks are being artificially manipulated (36) ______by desperate funds trying to send the message on that they are (37) ______holding the hottest groups and not with the technology and chip (38) ______stocks that have been the big losers recently.Certainly, manipulation of stock at prices is not something that we (39) ______want to promote, but in many cases what we are seeing is simply (40) ______traders creating a self-fulfilling prophecy’ rather than outrightmanipulation. Traders expect window-dressing to occur in the stocksthat have been hottest lately. They don’t wait for the moves to occurwithout them; because they get in front of the anticipated move and (41) ______cause it to occur. In many cases, since the end-of-the-quarter (42) ______window-dressing is nothing more than the work of overzealous traders.Whatever the cause of quarter-end price in movement might be, as (43) ______traders like we must take advantage of it. A lot of commentators (44) ______whine about how terrible it is that these games are played, but if youare a longer-term investor, so short-term price movements are totally (45) ______irrelevant, and if you are a short-term trader you should be happy tosee the increased volatility. 37()

PART FIVE·Read the following text.·In most of the lines 34—45 there is one extra word. It is either grammatically incorrect or does not fit in with the sense of the text. Some lines, however, are correct.·If a line is correct, write CORRECT on your answer sheet.·If there is an extra word in the line, write the extra word in CAPITAL LETTERS on your answer sheet.The strong action Tuesday in the usually stodgy old industrialgroups such as steel, mining and farm when equipment prompted a (34) ______number of market commentators to shake their heads in dismay and (35) ______comment on the outrageous quarter-end window-dressing games.But the attitude is that these stocks are being artificially manipulated (36) ______by desperate funds trying to send the message on that they are (37) ______holding the hottest groups and not with the technology and chip (38) ______stocks that have been the big losers recently.Certainly, manipulation of stock at prices is not something that we (39) ______want to promote, but in many cases what we are seeing is simply (40) ______traders creating a self-fulfilling prophecy’ rather than outrightmanipulation. Traders expect window-dressing to occur in the stocksthat have been hottest lately. They don’t wait for the moves to occurwithout them; because they get in front of the anticipated move and (41) ______cause it to occur. In many cases, since the end-of-the-quarter (42) ______window-dressing is nothing more than the work of overzealous traders.Whatever the cause of quarter-end price in movement might be, as (43) ______traders like we must take advantage of it. A lot of commentators (44) ______whine about how terrible it is that these games are played, but if youare a longer-term investor, so short-term price movements are totally (45) ______irrelevant, and if you are a short-term trader you should be happy tosee the increased volatility. 41()

PART FIVE·Read the following text.·In most of the lines 34—45 there is one extra word. It is either grammatically incorrect or does not fit in with the sense of the text. Some lines, however, are correct.·If a line is correct, write CORRECT on your answer sheet.·If there is an extra word in the line, write the extra word in CAPITAL LETTERS on your answer sheet.The strong action Tuesday in the usually stodgy old industrialgroups such as steel, mining and farm when equipment prompted a (34) ______number of market commentators to shake their heads in dismay and (35) ______comment on the outrageous quarter-end window-dressing games.But the attitude is that these stocks are being artificially manipulated (36) ______by desperate funds trying to send the message on that they are (37) ______holding the hottest groups and not with the technology and chip (38) ______stocks that have been the big losers recently.Certainly, manipulation of stock at prices is not something that we (39) ______want to promote, but in many cases what we are seeing is simply (40) ______traders creating a self-fulfilling prophecy’ rather than outrightmanipulation. Traders expect window-dressing to occur in the stocksthat have been hottest lately. They don’t wait for the moves to occurwithout them; because they get in front of the anticipated move and (41) ______cause it to occur. In many cases, since the end-of-the-quarter (42) ______window-dressing is nothing more than the work of overzealous traders.Whatever the cause of quarter-end price in movement might be, as (43) ______traders like we must take advantage of it. A lot of commentators (44) ______whine about how terrible it is that these games are played, but if youare a longer-term investor, so short-term price movements are totally (45) ______irrelevant, and if you are a short-term trader you should be happy tosee the increased volatility. 38()

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