union pacific and cfx is 27% of this index in between the two of them is ups. i mention that because the ups chart and iyt chart are virtually identical. how do i play that i say the stock is completely underperformed valuation alone becomes compelling you put a 15 multiple on the $22 you are going to earn and you are talking about a $330 stock i am not saying it will get there tomorrow, but i don't think it should be 245 either. i think ups can break down, but i think fedex can get off the mat. >> so you are looking at iyt but also at fedex and ups. carter, when you are thinking about the transport group, what do you make of some of guys thoughts on the technical side >> they diverge. ups is a bigger business and better performer yet the spread is wide enough that betting on the underperformer which often is betting on poor relative strength can be treacherous. i think it's a good move >> mike, what about you? >> what is interesting you can use a structure in both ups and fedex that plate on carter's thesis and guy's too which i would suggest indicate selling

looks like we're rolling over a bit mike nailed it in terms of two of these names, union pacific and cfx, are 27% of this index in between the two of them is close to 17%, ups. i mention that because the ups chart and iyt chart are virtually identical. a bit of a double chop how do i play that i look at federal express and say, wait a second this stock is underperformed it's only 4% of this iyt index, but my valuation alone, this becomes compelling you put a 15 multiple on the $22 you are going to earn, and you are talking about a $330 stock i am not saying it will get there tomorrow, but i don't think it should be $245 either i think ups can break down, but i think fedex can get off the matt a bit that's how i'd look at this and play it. >> okay. you're looking at the iyt, but also you're looking at fedex and ups. carter, when you are thinking about the transport group, what do you make of some of guys thoughts on the technical side of ups, fedex, and what those charts look like >> they diverge. ups is a bigger business and better performer yet the spread is wide enough that betting on