Where do you see the fair value of the S&P now, relative to its current level?
We’re going up. We could get another 15 to 20%. I’m on record saying that I think there is an overwhelming probability that we’re going to get Dow 15,000 by the end of next year, so if the current level is 13,180, that’s a 14% rise. There is a possibility – if we get some good work done on the entitlements, if we set the tax rates appropriately – with the housing recovery, it’s very possible to get 25% next year. That would certainly be a very-good-case scenario.