http://www.bloomberg.com/apps/ne ... yA84&refer=home 7 I8 O% ^ a/ B; E3 Y+ j* R/ i# S) p: G! X) r
Asian Stocks Rise as Index Enters Bull Market; Elpida Surges # C0 T& A6 q& w" u; Y4 [4 l c# y; d
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! G& A! c' [9 B+ G6 Z; \By Hanny Wan and Masaki Kondo / ~1 _/ {7 e* U: h 7 o4 l% C$ m5 Q' m# l* M/ 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. + c J. k+ c0 p$ _0 U& W
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. / A9 {5 T) J. \! X( y% ?Ask yourself, do you believe we are out of the woods? 8 z1 h4 B: I6 S' g, IPersonally, i don't see any good signs. So screw those technical stock market indicators.