http://www.bloomberg.com/apps/ne ... yA84&refer=home 9 R. r" ]0 H6 ^6 q2 ~: U 3 Q T7 |6 Y1 v* H+ YAsian Stocks Rise as Index Enters Bull Market; Elpida Surges % f/ s1 U) L9 H X! @Share | Email | Print | A A A " K5 \3 \* D, D: d
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By Hanny Wan and Masaki Kondo3 O1 Y0 k! l9 A: U
* e- }) @0 ]8 bMarch 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. ) S8 q- C \/ _" \' RThe 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.9 d2 u2 E- j* b; @! u
Ask yourself, do you believe we are out of the woods?3 M* g. P, N" p' p5 z/ g
Personally, i don't see any good signs. So screw those technical stock market indicators.