It does to a degree. Most look to the market for validation in their decisions, starting to question things when markets pullback. That is a bad move in my opinion.
Turning to people who see to be doing things is always a good way to appraise things. Are they still here, consistently doing what they did?
At the end of the day, we have to look at this from our own perspective and delve into what it provides us. However, if one's bags are growing on a weekly or monthly basis, I would think that will remove any doubts.
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