http://www.bloomberg.com/apps/ne ... yA84&refer=home - u- I% b7 f6 Q7 X/ l$ [! J8 \
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges - n1 I; n( W0 P) z# L1 c. xShare | Email | Print | A A A 2 h1 A* a& I$ z: X x5 E
3 b! W. ]. e* C7 |By Hanny Wan and Masaki Kondo0 H/ D4 t2 ]/ s9 F2 [4 Z
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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. 3 ^2 t! b8 s7 b$ s; j# F/ m, d' O, v2 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. 5 t) T0 j' g, p& R2 vAsk yourself, do you believe we are out of the woods?. ^/ K& A3 T, d9 _4 s: i
Personally, i don't see any good signs. So screw those technical stock market indicators.