http://www.bloomberg.com/apps/ne ... yA84&refer=home g/ p, q/ ^* t3 p1 r' f# q4 }: ]$ x) m( v
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges # ^) O8 S8 v. W) N2 V& \6 WShare | Email | Print | A A A , j) v% J P; i7 j7 { ! O- b# \; n7 h* rBy Hanny Wan and Masaki Kondo ' v* F' W9 M0 x" R2 o4 V8 Q) t , I/ s+ E$ t/ j+ y; `
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. ! y" r( h$ r9 I! q: L 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.. a9 h/ ?2 c, Z4 d' C
Ask yourself, do you believe we are out of the woods? 9 e6 r4 }8 _7 zPersonally, i don't see any good signs. So screw those technical stock market indicators.