http://www.bloomberg.com/apps/ne ... yA84&refer=home - t9 i! F$ B) p+ z; M % u4 U [/ S9 J; j1 NAsian Stocks Rise as Index Enters Bull Market; Elpida Surges 1 G2 I: g; x+ W& M4 hShare | Email | Print | A A A 1 z+ y6 n0 X' a) ?
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By Hanny Wan and Masaki Kondo7 i' S5 B" g# D
$ e' ^$ G& ?4 r/ u4 b6 G8 ZMarch 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. 1 f4 j) f, V* c: c' Z$ [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.8 ^5 e% f6 `* r
Ask yourself, do you believe we are out of the woods? A5 I; d9 n# B6 P
Personally, i don't see any good signs. So screw those technical stock market indicators.