http://www.bloomberg.com/apps/ne ... yA84&refer=home ' [, c) W; b$ Z# p2 O/ K1 q 2 ?5 s' g7 [ e& Q x% hAsian Stocks Rise as Index Enters Bull Market; Elpida Surges 7 c( m4 @6 B: g3 ?
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By Hanny Wan and Masaki Kondo% H- F$ P- S# p" J+ v% A3 W
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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. 3 F4 l+ t. G( _9 C1 ZThe 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.* Z) w j1 M' \& ^
Ask yourself, do you believe we are out of the woods? 9 R0 `$ u- |2 y0 [: y5 XPersonally, i don't see any good signs. So screw those technical stock market indicators.