http://www.bloomberg.com/apps/ne ... yA84&refer=home D! l5 \5 k. n ^- u2 F( V2 r
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Asian Stocks Rise as Index Enters Bull Market; Elpida Surges 6 N6 f& ~ s. t7 U+ ^& I& ]9 RShare | Email | Print | A A A # j- Y+ b; f, H# D% _
3 `5 ~* {" u3 `* f( y4 `9 OBy Hanny Wan and Masaki Kondo " G+ a' C" V2 B8 G 9 \7 w- y# y4 S" D( ]' I
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. - m. x1 b+ y3 N( I3 H. c" E, s
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.% ^8 d& R: U$ t8 A- u4 e
Ask yourself, do you believe we are out of the woods?+ _) v5 K% Y, V! p) S6 I
Personally, i don't see any good signs. So screw those technical stock market indicators.