http://www.bloomberg.com/apps/ne ... yA84&refer=home, `- q, G; f) ?% w1 Z( z: Z
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Asian Stocks Rise as Index Enters Bull Market; Elpida Surges ( V0 A+ C. w+ Y
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By Hanny Wan and Masaki Kondo) @/ k+ ^6 K5 l8 K
# x7 d& u) R6 H9 f9 h3 NMarch 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. " { N7 j9 p' I
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.8 E% \5 O. q" D5 @% o u+ r
Ask yourself, do you believe we are out of the woods?! M" W& Q, d: k2 H6 ]
Personally, i don't see any good signs. So screw those technical stock market indicators.