http://www.bloomberg.com/apps/ne ... yA84&refer=home 9 P8 B B$ t( G" O4 p3 \ J8 @& _6 s4 u5 L
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges : m* S! N, q) I+ C" X1 uShare | Email | Print | A A A # t- z/ N5 i+ _, w0 {. x( R7 n/ ]+ `# f( h
By Hanny Wan and Masaki Kondo |2 h$ a( _* c9 N$ r: E" d# \* d7 G
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March 26 (Bloomberg) -- Asian stocks rose, with the region’s benchmark index set for its best month since 1998, as better- than-expected U.S. economic reports fueled optimism global growth is responding to government stimulus measures. 1 P% ]5 O5 X D0 V. ~+ _- iThe MSCI Asia Pacific Index rose 1.1 percent to 85.21 as of 1:26 p.m. in Tokyo. The index has rallied 21 percent from a five-year low on March 9 on speculation the worst of the financial crisis is over. A gain of 20 percent is the technical definition of a bull market.。。。
Well well well, i hope any sophisticated investor will not be misled by this irresponsible report, by those finance-unliterate journalists. 2 X$ B& t2 D. s; [6 m. g3 EAsk yourself, do you believe we are out of the woods?& l. E5 I+ v. e" F6 o' S
Personally, i don't see any good signs. So screw those technical stock market indicators.