http://www.bloomberg.com/apps/ne ... yA84&refer=home 7 u/ H7 A: ?9 m7 m1 c3 P4 h ! E% L( t6 s8 @/ {( o% S& @Asian Stocks Rise as Index Enters Bull Market; Elpida Surges / ^+ l& P8 ~6 ~ [; `+ N J& N; i
Share | Email | Print | A A A ' |. A6 X! W1 ~9 F
$ R! ]2 Q! v9 C( [By Hanny Wan and Masaki Kondo 5 _% G: b) o) s; p# z 4 P) D B$ _3 J" e' S* M+ N. Z
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. ' x4 m3 O/ }% b/ \1 Z
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.$ r# D. n5 [3 O- f, j" B$ }
Ask yourself, do you believe we are out of the woods?6 i% I0 {! I% a9 d( E" ]
Personally, i don't see any good signs. So screw those technical stock market indicators.