http://www.bloomberg.com/apps/ne ... yA84&refer=home % S* ?! [3 q( r- G4 e8 x ( R1 r! a1 G& x5 qAsian Stocks Rise as Index Enters Bull Market; Elpida Surges 5 A4 \8 {: Q/ A0 t$ }( qShare | Email | Print | A A A ; ^+ D: Z4 v" M. C7 G8 s 5 Z5 s- W7 n Y% ABy Hanny Wan and Masaki Kondo: y) X$ ~ k9 x4 D' O1 O
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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. 6 z' ?1 D. Q) ]3 p* `/ V/ _0 J
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. . _, o, b: C7 C0 B4 }Ask yourself, do you believe we are out of the woods?* E9 ~& R. T: B4 z0 g% U
Personally, i don't see any good signs. So screw those technical stock market indicators.