http://www.bloomberg.com/apps/ne ... yA84&refer=home ) Z8 u0 \* W- ~# e. F$ t1 p0 `* }! D7 x# J* D
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges ' t3 z6 t' @* ?& u1 NShare | Email | Print | A A A " f( A) @" t+ l: r0 ~4 t , `% M( M# E+ y2 xBy Hanny Wan and Masaki Kondo) E" {/ P' z' g" j& G3 D! }
% c% ?1 Y7 Y2 g) eMarch 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 w% m( s+ j' n4 |" G8 ]
The 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. . R4 T/ Y& R7 g* p8 aAsk yourself, do you believe we are out of the woods? : Z, p: a8 K. J5 \: \; ^Personally, i don't see any good signs. So screw those technical stock market indicators.