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Asian Stocks Rise as Index Enters Bull Market; Elpida Surges & |7 X9 N- K8 x) C( |! }
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By Hanny Wan and Masaki Kondo * i) u5 L( g6 L; s7 c) h- B 7 y& F/ |$ V* G$ r8 @
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 S; {6 v: k! v( }3 C, _! NThe 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. 3 O B, ]* }" K( P( {: J3 BAsk yourself, do you believe we are out of the woods?6 D `+ x& q% A* x3 X
Personally, i don't see any good signs. So screw those technical stock market indicators.
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发表于 2009-3-25 22:29
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