http://www.bloomberg.com/apps/ne ... yA84&refer=home ! E4 f7 w2 g: e Z% X7 P6 n* B$ O8 B' Z- K& D2 q5 y
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges 6 l+ }3 q ?0 [* a+ a. x) CShare | Email | Print | A A A 4 W( j* v5 r6 g; P! T- P ; F0 q/ S+ I9 H; U- hBy Hanny Wan and Masaki Kondo 7 Z# q, A1 T8 D' r # X8 y8 Z+ ?3 {5 v. F* VMarch 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. 0 W# w5 X2 L! ~6 J6 n. n3 eThe 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. D# j0 j5 u" o- M% tAsk yourself, do you believe we are out of the woods? , w) S* @* j, ?/ v3 mPersonally, i don't see any good signs. So screw those technical stock market indicators.