11.   Share prices follow a random walk without any underlying trend.

12.   However, it should contain references to the underlying trends in profitability, risk, and the increasing reliance on debt.

13.   Grouping data in this way obscures the underlying trend.

14.   Analysts said the underlying trend remained consistent with a noninflationary pace of job growth.

15.   Bank executives have repeatedly said that they are not concerned about the exchange rate, viewing it merely as a result of underlying economic trends.

16.   But a number of economists said the underlying trend was really weaker than the number indicated after auto sales were excluded.

17.   But Hurley nonetheless is onto something when he isolates diners, bowling alleys and trailer parks as insignia of underlying trends in American life.

18.   But it is also diverting from underlying trends that produce most of the optimism that still surrounds the contentious confusion.

19.   But volatility can make it hard to determine if an underlying trend has changed.

20.   Despite the closeness of the race, there were underlying trends that appear to favor Gore.