http://www.bloomberg.com/apps/ne ... yA84&refer=home ( M' G- O) y% u0 G, w ( q P' @3 C7 ~+ H7 j3 k; r7 iAsian Stocks Rise as Index Enters Bull Market; Elpida Surges ! y9 z1 G5 m/ o7 P
Share | Email | Print | A A A - B0 j0 a# ^3 D& I . b) C% K5 @, FBy Hanny Wan and Masaki Kondo Q* D- c: K; c4 ?# _6 Y! Y1 x: v
# Q5 c- w! ?& N! E$ Z7 @. R$ R+ vMarch 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. $ h5 n1 {' E2 y9 K4 z% S2 j
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. w$ ]& P4 c) |9 bAsk yourself, do you believe we are out of the woods?4 R: l3 R7 {9 L' s- a
Personally, i don't see any good signs. So screw those technical stock market indicators.