http://www.bloomberg.com/apps/ne ... yA84&refer=home# d" T+ U+ C7 L ?
9 Z% P9 n( N, h, R& H& w
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges + H3 o; a! N9 o4 n6 v
Share | Email | Print | A A A ! H0 t9 [ j' ?& V4 {: |8 O5 { + f" X- x6 R5 Y! R7 oBy Hanny Wan and Masaki Kondo # w$ q. f7 R# F, [- F ' N8 R% U5 R; i' S; `" T
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. : G# }! U' K; ^6 {0 `* [
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.- s+ F+ n" R6 b4 X
Ask yourself, do you believe we are out of the woods?' i: s2 c! u1 X3 K- e4 T$ K; y; o3 D4 k
Personally, i don't see any good signs. So screw those technical stock market indicators.