stoxx, up nearly since 2009.t nandue, we are seeing pricing, the type of memory used others. and dram pricing also in that area where it appears to be bottoming. maybe a little bit easier to call bottom but that does not look like a true bottom, at least not yet. maybe these analysts are seeing something fundamental relative to demand that makes them think it is not quite relative to pricing just yet. kurt: what should investors be concerned about? abigail: perhaps the biggest concern is the degree of this year's rally. uph up more than 40%, apple more than 70%. another huge year after those sorts of big gains. unless it is the euphoria of the late 1990's. but it does wear pressure on the fundamentals. we have been in and earnings recession. the third quarter was better this year. most expect it to end in the fourth quarter of this year. if that does not happen, that could really take a chunk out of the rally and make 2020 difficult. plus, trade. that agreement still has to be signed. president trump indicated that could happen over the next few weeks. then we are looking at