We consider the Bethe Salpeter Equation (BSE) for a fractionally filled Landau level. A phenomenological discussion of the $1/3$ Laughlin's state is performed by assuming an ansatz for the one-particle propagator. The BSE is solved in this approach and it predicts an instability under the formation of charge density oscillations for a wide range of the one-particle gap parameter values in contrast with previous single mode approximation results. However, the conclusion is compatible with the one obtained within a composite fermion description done by us before and with the saturation of the zero momentum oscillator strength sum rule by the cyclotronic resonance. Further studies should be done in order to understand the discrepancy.