orl punished, page-20

Conincidently the run up was following the release of the results from Tiffany & Co.

http://www.bloomberg.com/news/2011-03-21/stock-index-futures-rise-as-japan-nuclear-crisis-eases-aig-hartford-gain.html

By Rita Nazareth and Lu Wang - Mar 22, 2011

"Tiffany & Co. (TIF) climbed 5.1 percent to $60.22. The world?s second-largest luxury jewelry retailer reported a 29 percent gain in fourth-quarter profit as sales exceeded analyst estimates during the holiday season."

So the share price is just adjusting to reflect the dividend. Next move will be a return to market fundamentals.