5 j! ~% o) N: J: DAsian Stocks Rise as Index Enters Bull Market; Elpida Surges 6 s4 N4 t* ]0 d7 S X
Share | Email | Print | A A A / ?) D3 y5 @2 U9 I. l2 o# y9 ? $ O$ F3 p9 Y0 R* }+ x3 \: R yBy Hanny Wan and Masaki Kondo 6 ]( t& a d! m( B; g+ ] 9 d6 Q) v h& a( D0 S* C
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. 4 e! G* o. q0 `' @4 kThe 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., a5 J) I) f) C; D
Ask yourself, do you believe we are out of the woods? ) J0 o# `' E& Q L* RPersonally, i don't see any good signs. So screw those technical stock market indicators.