As you can see, we still have some range expansion to go. Given the past 15 years, the Dow has always produced at least a 1,000 point range and in some years significantly moreso. While I doubt we see 2001 or 2008 supercrisis this year (they both took time to develop), I would say Dow doing at least a 1500 range is right. So in that case, are we going down past 12,221 or up over 14,000? Right now, it's looking like we range lower, so Dow would have to hit lower 12,221.