# B& _1 b1 V4 [' R, iAsian Stocks Rise as Index Enters Bull Market; Elpida Surges " v9 x! {# `7 i& GShare | Email | Print | A A A " d2 g0 A0 W+ L9 C# b9 B4 O
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By Hanny Wan and Masaki Kondo3 w" B; F3 e0 E* W2 \- K* ], l8 W( a
, e9 w' r) c' g; k/ w" Z$ xMarch 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. ; P- {6 o% Q) K0 _2 ], N2 UThe 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.) h$ S; g+ B2 {% V+ E% @
Ask yourself, do you believe we are out of the woods? 2 v, {2 E, S; D" a! p# hPersonally, i don't see any good signs. So screw those technical stock market indicators.