it's probably stretching the short-term, but i think you can be a buyer of any pullbacks in kweb but what's most important for us is chinatech is starting to outperform u.s. tech so if you look at kweb relative to the qqq, the nasdaq 100 etf, that's where the big breakout is coming chinatech's starting to outperform u.s. tech so we like this setup. it may be overbought in the short term buy weakness, this was a big week and a major, major breakout. >> so, mike, based on that, what's your trade? >> yeah. i mean chris is hitting on some pretty important fundamental factors here so we've obviously seen equities all around the world they've really rallied very strongly we often talk about what the principal driver for this is, and, of course, we talk about stimulus plans we talk about monetization i have a quick chart here i think people ought to take a look at. it just gives us a little bit of context. what i have here is a four-year chart of m2 over gdp in the united states, and it just gives us a sense of the increase in the monetary supply relative to the size of nominal gdp. and, of