http://www.bloomberg.com/apps/ne ... yA84&refer=home 0 O2 Z9 O2 m5 Z( n 8 L+ Z1 ?# Q* s9 ^Asian Stocks Rise as Index Enters Bull Market; Elpida Surges ( Z! S4 t/ l; EShare | Email | Print | A A A 1 D1 S) |1 q2 o. ]% l" j) b1 i+ o8 [$ `6 y
By Hanny Wan and Masaki Kondo( q, j F- l4 t4 u7 k& s
+ |, O" j+ X# o) J7 j+ G
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. 8 ]7 K" C' e- ~0 w3 _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.- \# ?, }: K: L, V, ^/ C5 r
Ask yourself, do you believe we are out of the woods?7 O3 K1 V6 {, Q
Personally, i don't see any good signs. So screw those technical stock market indicators.