 We're going to go to John in Philadelphia. How are you doing John David? I wanted to ask very specific question During your upcoming break Could you look at three cruise line companies CCL RCL and NCL H that's kind of a cruise Royal cruise and Norwegian And I'm wondering when you look at those three charts using your patented shorting volume indicators and your You've got that other indicator I'm wondering if you can identify which of the three looks like it Internally is the weakest of the bunch the patterns are virtually identical by the way. Yeah, we've talked We looked at these a little bit yesterday But sure certainly we will take a look at them when we come back. You want to hang on? Thanks so much. Okay The ones you had out here were was it Norwegian Royal Caribbean You know, that's the one I don't know Norwegian royal and carnival. Okay. I just wondered about the ticker to make sure I had it right. Here's the one thing that I would say first of all Especially if you've got diminishing folks coming on and that is that That carnival has four new ships falling into the water this year They'll probably be the worst hit on any kind of Slowdown because these are basically Replacing ships that maybe held 3,500 people are now be able to hold 5,000 So, you know, you've got a Lot of supply coming on which I've been looking at this at for a while The question is whether or not, you know, the basically the floating golden corral Which is what the kind of the Caribbean Cruises are like the other ones are a little bit more upscale But I would suspect that royal Caribbean. I mean Carnival Those people kind of the lower end of the cruising a spectrum or less Lower dollar probably going to be the ones also that but didn't buy the insurance. I Imagine the more upscale one bought the insurance So they may continue and go the other ones the insurance Whatever it is 30 50 bucks seems pretty cheap compared to a horrible vacation That you may be forced to go on So anyway, first of all Norwegian probably the best of the breed and the way that they run Rcl the second one, which is royal Caribbean cruises both of those are kind of at the top Carnival Not at the top and I think that's exactly the reason why those four ships I talked from time to time about Patterns that I like and they're probably the best one for topping Certainly is Joe Denapoli's double repo pattern. You've got a double repo pattern showing up in the CCL today And you also have one it was at royal Caribbean It went through yesterday Then we'll go through these patterns just a second and then do you have Yeah, it's less pronounced Norwegians the best of the breed the other two look like they'd be taking it on the chin. I think Carnival with all the ships coming on and all that Additional overhead may be the worst of the bunch but not bad anyway for a Double Joe Denapoli double repo pattern what you're really looking for is a trend higher with 10 to 15 Maybe 20 days above a three-day Displaced moving average or a nine-day. In fact, we'll look at this in a nine-day, too This is where the nine days a little smoother Than the three by three, but both of them have it all you really need is a little close lower in carnival to put that together and Did what else did we have? RCL Now this one's kind of a blow-off top, but it did the same thing But this one actually went higher for longer You can make a case that this one had 25 days Above the nine day closed a few days underneath it went sideways for about seven days Yesterday went below it today. You've got it, but supports at about 128. So it's going to take a little bit to break that I'd still say the dog is Carnival Corp. That'd be my pick as the weak sister and in the bunch and Like I said depending on whether you use the nine-day moving average Or you go here and look at the Displaced moving average on the displace moving average You're getting the signal to pull it today, but you don't have much in the way of volume so far But I think that one of interest is I'm looking at your charts with your power law vector indicator And that chart pattern and that Royal Royal Caribbean RCL has got in place A perfect double high. We don't know if it's a top or anything yet up at that 135 level Versus January of well actually to 24 months ago, and I just looking at the back of my mind was the action of these names Back there what was in October of 2014 when there was that Ebola scare So there was a nice brief trade wealth wasn't tradable because I didn't see that coming But You had that phenomena, so well, thanks very much on reviewing those three David. I appreciate that. Yep Well, I don't know what'll happen, but I do think that Carnival probably looks the weakest it has the worst pattern already If you just looked at it without the volumes or anything it had made it back up to the tops and it tends to be heavily over leveraged financially in the past So, you know on that one. I think you could easily see 39 46 come back there if the the whole issues with the SARS continues on So good luck you bet