If I can add some inexperience to the mix.
Regardless of what "the market" does, there will still be sectors adn companies that complete their projects. It is pretty hard for these companies to remain at a $10M market cap if they start earning cash and get re-valued.
So if you are investing or trading in "the market" all this makes a huge difference. If you are searching for the right sector, this is important but may not make a huge difference.
I have only seen 18 months of markets however so I am glad to be proven wrong by the pros.
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