I think you will be surprised how soon we see $39 again. Earnings this year are better than last year and predictions for next year are even better. Communications is a growth industry with a long term expansion.
I think the Fed with retract some of their recent statements. How can they possibly change course at this time? The Japanese continue to ease, full force, so I think that the Fed will speak more reassuring words soon, and that the market will be up 300 points within 2 weeks of it. AIMHO, GLTA