Why is this sh*t good for big business?

[ProfessorGAC]

6. More Irrational Exuberance

First, the American Airlines announcement is ridiculous.
The stock doubled? It's still down>30% in 3.5 months.
This crowing is like a team losing a basketball game 90-46, and then bragging the other team didn't double their score.
And, at this point the Dow has exceeded equilibrium, so it's still bargain hunters overvaluing the markets intending 5 or 10 year holds.
The Dow, overvalued, is still down 7% from this year's high.
Like I said, bargain hunters.