http://www.bloomberg.com/apps/ne ... yA84&refer=home ' s8 O" e% X4 m. [4 [1 @. v. f% U0 l" V/ U
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges # Z: a8 N! N+ E$ S
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By Hanny Wan and Masaki Kondo( D& R1 |& B4 [! q; ]
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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. 8 c* ?0 q0 a& t3 }
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.; N. S% U+ }& D
Ask yourself, do you believe we are out of the woods?* U5 m; H& P0 i0 j5 j
Personally, i don't see any good signs. So screw those technical stock market indicators.