http://www.bloomberg.com/apps/ne ... yA84&refer=home 8 Y* {+ i% F% O) U8 X# b4 g0 L4 C- S/ H" e% O) k* f( a& p/ N
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges * C* T; m+ y+ z, E& m9 s
Share | Email | Print | A A A 1 u+ U: J1 [! l: J / H* R2 Q4 D! [3 f9 vBy Hanny Wan and Masaki Kondo" I7 u) [) N% K
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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 l4 S( o l6 ?0 i2 ]
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.- S0 [* E+ }& a6 O4 i
Ask yourself, do you believe we are out of the woods?, `( H7 C9 T+ B* a2 l+ L' \7 g
Personally, i don't see any good signs. So screw those technical stock market indicators.