We prove that, in the stochastic limit of the Anderson model only the non-c
rossing diagrams survive for the transition amplitude from the first excite
d state of the free Hamiltonian to the first excited state of the interacti
ng Hamiltonian. This confirms a conjecture of Migdal (1958) and Abrikosov,
Gorkov, Dzyaloshinski (1975). From this we deduce a closed (nonlinear) Schw
inger-Dyson type equation for the limit transition amplitude whose solution
can be found and gives the explicit dependence of this amplitude on the mo
mentum of the excited state.