let's call to the charts and find out with carter braxton worth who is pulling a double duty. he was on "fast" earlier and what do you see for biotech, carter? >> this is a strong part of the market. is it too much of a good thing. here is a chart over the last two years. what's important about up trends is that when you get a little too far above trend you have pull backs. let's switch to red. caller. you get a pull back, you get a pull back. you get a pull back. by all accounts we're due for that. this is the ibb, the etf. it implies a 10% move to the down side. let's put this in context. here is the long-term chart. this starts to be a little bit insane. this base, it's a beautiful one, you can't debate it. the breakout, the ibb, this is the actual index itself, the nbi, they're both the same, is up four fold from 600 to 2400, 2500. let me show you two more charts just to put this in context. here is the same chart with a one-year moving average. this is as far above the index has ever been except for one other time, 1999/2000. we know how badly that ended. then one other th