http://www.bloomberg.com/apps/ne ... yA84&refer=home ! H1 l; H0 l5 }/ B9 [/ F3 R- ^1 ?! G# V
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges - w6 E5 ~* s* N% t2 h2 U: d
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0 c( k$ j3 A" r$ p+ |9 w$ n$ fBy Hanny Wan and Masaki Kondo 9 w4 s- o; N" i$ T r: ?/ o% c& { . k( n7 y# W$ y, M3 h+ R/ T1 K& {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. , n* s! S1 e. I/ k! |- YThe 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.% f8 a3 w3 q3 U' l! R. o
Ask yourself, do you believe we are out of the woods? " O* H! Q5 o4 }' XPersonally, i don't see any good signs. So screw those technical stock market indicators.