http://www.bloomberg.com/apps/ne ... yA84&refer=home# O4 P2 n+ v6 C( s' d7 {
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Asian Stocks Rise as Index Enters Bull Market; Elpida Surges 3 L" C, j+ u7 ~& O+ T, `5 T
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# K" U0 x% \0 uBy Hanny Wan and Masaki Kondo* B1 G3 u) q* M9 w
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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. * w" |) p/ [! R7 F. e" K
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.0 n( W' l4 x' `: s @
Ask yourself, do you believe we are out of the woods?0 [/ c+ H) g, u. Q! ^" Y& b# y
Personally, i don't see any good signs. So screw those technical stock market indicators.