[RayChuang88]

There are too many "bargain hunters" out there. They will jump in to buy stocks en masse once the drop reaches 10-15%. Also, because of the 2008 stock market crash and that scary experience in Europe in 2011, all the major banks around the world have aggressively increased their liquid reserves to protect themselves in case of the next major stock market decline so we don't have a major financial system meltdown.

[ecomcon]

...so we don't have a major financial system meltdown.

In other words, we will have a financial system meltdown.

[raybbr]

They will jump in to buy stocks en masse once the drop reaches 10-15%.

Really? Is the value on stocks today based on actual value or the Fed's infusion of money? If the Fed stopping propping up the value what would happen?