DOW is back to end of Nov level.
See how steep it rose in these last 2 months since then?
In fact steep since Sept.
A reversion back to the mean (trend line) is not unreasonable, which still represents great LT gains.
Yet much panicking.
I would not be surprised to see the DOW dip below this trend line before reverting back to it.
Could take awhile but would be the "healthy" scenario rather than irrational exuberance.
Irrespective of the DOW though, has not much to do with AVZ and its ground breaking resource story.
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