http://www.bloomberg.com/apps/ne ... yA84&refer=home ! j# \5 @0 I0 `0 ^4 g7 Y# C0 j: `! N7 I0 b+ z$ }
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges : i3 N( \1 }. I9 P( @; N; q. {Share | Email | Print | A A A 6 V( n+ ?0 g$ P [: @5 }4 \. M" s
By Hanny Wan and Masaki Kondo 3 |# E' C" q! V0 W* s( s ) ^3 Z" J: D- X* _, K' h# }/ @, u
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+ d( U4 c) S8 ?/ wThe 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. ; z. ^7 T1 `: o; ~# g) S) ?Ask yourself, do you believe we are out of the woods?2 x% @4 d5 _& u% T8 }6 v" U
Personally, i don't see any good signs. So screw those technical stock market indicators.