> Back to the houses... Yes, they are "assets", but there is a huge emotional component
> involved in every "trade". A couple of perky flower pots on the front porch, new paint,
> bright lights, etc. shoud not affect the "asset's" price, but they all can, because not
> everyone thinks of houses in terms of Bolliger bands, candles, 200 day MAs, etc.
That's why we have bubbles.
There's emotional baggage tied to stocks too.