http://www.bloomberg.com/apps/ne ... yA84&refer=home9 w+ P. Z# L Y
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Asian Stocks Rise as Index Enters Bull Market; Elpida Surges 3 F; Q* k$ d: R6 g1 G3 X6 UShare | Email | Print | A A A # i" j5 | [) B3 W 7 h* a: G7 M6 U+ a2 P6 eBy Hanny Wan and Masaki Kondo & y& j F) W) a4 V& Y8 e; K4 ` 8 H9 K( C H3 ~7 }2 D- uMarch 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. 5 g. f. H1 m7 l" e6 n! t
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. 0 O; @8 {6 @; S( O9 i( j: _+ C5 ` JAsk yourself, do you believe we are out of the woods? x# q3 B5 M6 z. cPersonally, i don't see any good signs. So screw those technical stock market indicators.