http://www.bloomberg.com/apps/ne ... yA84&refer=home3 C" ^4 S- p5 \$ n/ O4 j: q
% F# l2 J+ B8 f# ~5 l
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges / H8 }4 ~- f9 x" L5 W* m# J. D3 FShare | Email | Print | A A A ; q' s: B6 W, r% X 2 {* R& g6 W/ K$ nBy Hanny Wan and Masaki Kondo % G# {: {' G( N+ m/ a3 p" Y* q 5 z: e: G1 ?; a/ g. g- y, w" D
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. 8 c: s8 u; ?5 zThe 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. % Q+ g; _. U- GAsk yourself, do you believe we are out of the woods? 4 D$ |/ T! ?) n1 HPersonally, i don't see any good signs. So screw those technical stock market indicators.