Your Feedback Confirms It: Solar Stocks Are Just a Fad

There are apparently a lot of people who disagree with my contention that solar stocks are in a "fad" phase.

A few days ago, I wrote a piece noting that many of the solar stocks have been looking faddish. I talked about what fads look like and how to recognize them as they come and go.

That view elicited a flurry of emails, with comments ranging from "this time is different" to accusations that I'm part of a conspiracy to keep the prices of these stocks down.

Coincidentally, the day the first article published, the solar stocks were up strongly -- double digits in some cases -- and today the group is getting hit very hard on a profit warning from Suntech Power Holdings(STP Quote). This sort of volatility, almost a pent-up energy, is also evidence that the stocks are a mania or fad. The behavior of the stocks is a reliable indicator. ...