When my brothers and I were called upon to do the occasional chore growing up, one of the simple tasks we were asked to do was putting away the dishes. Three of us, three components of "dishes," glasses/dishes/silverware. Like calling shotgun, calling dishes was the thing to do. Then came silverware, and if you were slow, you got stuck with glasses. However, to prevent the dishes guy from gaining too much of an advantage, we made the "no stacking" rule. This precluded the dish putter away from stacking all the bowls and plates at the dishwasher and thus blocking the other two from their jobs while speeding up his own.

The point? Well, they're at it again. Except in this case, the homebuilders are stacking up negatively compounding errors. In a recent article, SA's Judy Weil detailed homebuilder desperation.

“These stocks (Ag/Solar) keep making higher highs and higher lows. And no one wants to short them. Pete Najarian noted that Terra Industries (TRA) is the only stock of the bunch with any material short interest, and that could actually push that stock higher if the shorts are squeezed.” CNBC’s Fast Money, 4/14/08.

When guys on CNBC are saying nobody wants to short these stocks, it becomes increasingly appropriate to do so. Trina Solar (TSL) was up 16% that day. A new ETF, Claymore/MAC Global Solar Energy Index ETF (TAN), started trading the following day. Intrepid Potash (IPI), a fertilizer company, had its IPO finish 60% above the projected debut price offering on 4/22. No one even knew what potash was a year ago. At a time when the word green is attached to any technology, even those of oil companies such as BP (BP), we can sense the kettle beginning to boil.