http://www.bloomberg.com/apps/ne ... yA84&refer=home # w4 y S6 ^: f! ]; H" T0 s! Z# n) t* S0 J- A' i7 l
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges ( x" J6 f, t B2 w
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: x' L( M; r8 \: B( eBy Hanny Wan and Masaki Kondo6 P0 k6 R7 M2 B; C6 n! D' F5 w
, m% }3 L. {6 J) MMarch 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. $ e. l; d$ D% mThe 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." u) @5 ?: n% J4 P6 ?: e h
Ask yourself, do you believe we are out of the woods?1 J$ N: h' K) p+ x2 ~
Personally, i don't see any good signs. So screw those technical stock market indicators.