See the story from Bloomberg 2010 is here and 2011 is here. The mean for this year is 1210, which is pretty close to where the market popped this morning. For next year the mean is another 10% higher. Not much excitement unless you are a long-term buy and holder.
For all the fuss about QE-2 and the election, the S&P has been right around 118 since October 15, quite a long time for markets that measure time in nano-second HFT trades.