http://www.bloomberg.com/apps/ne ... yA84&refer=home. T8 v4 w. R" I+ C$ b/ Q/ ]
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Asian Stocks Rise as Index Enters Bull Market; Elpida Surges ) Z) s+ e3 I# b% o9 c T8 \$ {3 a
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By Hanny Wan and Masaki Kondo 4 I! Q. |$ f, O- X/ u: H) \ + @. c/ p& Q+ UMarch 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. 3 C' y% [/ V5 J1 e5 ^0 y# ~/ m1 n7 qThe 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.& |* Y" | F5 \& B, t& m
Ask yourself, do you believe we are out of the woods?" p9 {( O; M2 k
Personally, i don't see any good signs. So screw those technical stock market indicators.