There is absolutely NO WAY this market will crash like RBC says it will. Sure GM/F/Chrysler will all be bankrupt soon. But there's enough private equity, hedge fund, sovereign wealth funds to bail these companies out 100 times. Sure all the financial will soon be trading at book value. But again there is enough PE/Hedge/Sovereign money out there to bail out the entire US financial system along with GM/F/Chrysler. Sure we will correct 20% from the all time highs. Maybe even *gasp* 25% from the highs. But that is still one of the weakest bear markets in history. There is no way we crash over 50% from the highs like the 1920s or 2000-2003. The world is still awash in super cheap money. And the valuation correction that began in 2000 never really ended. We laying the foundation of a huge bull market. The absolute worst case senerio is a 5 year sideways grind.