http://www.bloomberg.com/apps/ne ... yA84&refer=home & ?+ m' D. e0 ]9 j1 Q7 z, ^6 e7 ]. X( [* c
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges / `! F/ e! z' @5 c+ |Share | Email | Print | A A A / B2 q& h4 V/ N1 A7 {' x3 w; `- d* [5 `' M3 p7 _
By Hanny Wan and Masaki Kondo 5 k8 ^( B4 [! k. P3 _( ]+ L8 ]) e0 T2 z 9 I! j4 k% K9 R c1 n9 e* F% |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. 7 H% A; P# P4 F4 LThe 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.5 t* i+ J. K( @1 g# _1 q( e! D
Ask yourself, do you believe we are out of the woods?; ]# ?8 V$ y5 l/ ^
Personally, i don't see any good signs. So screw those technical stock market indicators.