1 Y" P7 E% ?/ F& T2 C6 c3 ^9 yAsian Stocks Rise as Index Enters Bull Market; Elpida Surges $ d/ n: v2 ]; P% V- W$ a _4 GShare | Email | Print | A A A ( S$ r4 w& `( F n+ C J3 e) n. y" I( cBy Hanny Wan and Masaki Kondo ( J0 t, H" q: v- T 9 `- F; c/ @2 ]" e) C7 y4 ?. m
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. . j5 T& Q: V8 K) w, WThe 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.9 A, G L6 q( g |6 s6 w( G8 A1 r
Ask yourself, do you believe we are out of the woods?7 H, Z& W( H. W9 z" {2 q
Personally, i don't see any good signs. So screw those technical stock market indicators.