/ E9 [2 g" a4 E1 Z+ Q5 sAsian Stocks Rise as Index Enters Bull Market; Elpida Surges 3 }/ M- W% h( s
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- r5 t- Y% ^8 b* sBy Hanny Wan and Masaki Kondo % Q6 |8 g7 ~0 l( }( K% w 8 A1 x8 c, U1 I9 U# D$ dMarch 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. # A' ?$ {8 A/ O& _3 W1 MThe 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.+ v8 O: {$ o% U; e/ C, ?: U
Ask yourself, do you believe we are out of the woods?: N# Z* ~7 I; k8 X8 l }& H) ]
Personally, i don't see any good signs. So screw those technical stock market indicators.