http://www.bloomberg.com/apps/ne ... yA84&refer=home P, y- Z! \% r' X( E7 |# e2 v0 y* ~5 x7 f
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges ( @9 v0 p! F3 K4 R' T
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7 s0 t* }3 m$ T- P+ b IBy Hanny Wan and Masaki Kondo* K: |/ \7 U+ ^& `3 K5 J" a+ [6 t
r3 v: } y% _6 K+ }& c! X7 I8 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. . E7 t$ v0 v) Y: X3 I8 `
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.- v: K: Y. @' K0 ?( c, o: Q3 v Q
Ask yourself, do you believe we are out of the woods?7 Z6 L7 n6 N1 ^) t/ N' Q
Personally, i don't see any good signs. So screw those technical stock market indicators.