31.   The underlying trend, though, may provide scant comfort for investors.

32.   Traders said the action magnified underlying trends that were apparent last week but were masked by further advances in technology stocks.

33.   While it is true that the overall national number of violent crimes has been going down, DiIulio said, the decline masks a more important underlying trend.

34.   A group of academic forecasters say their models project a Gore victory because of underlying trends of a strong economy and public opinion about politics and presidential approval.

35.   Grain prices rose in Europe and the United States, but analysts said that the underlying trend for prices remained hard to decipher.

36.   Bryson said a comparison between the October and August figures gave a better sense of the underlying trend.

37.   Dealers said that the underlying trend was firm and that there was a return of confidence in the outlook for French companies.

38.   The underlying trend of the mark remained downwards because the German economy was in trouble, he said.

39.   It warned that the lower inflation last year masks a further increase in the underlying inflationary trend.

40.   Nevertheless, a breakdown of the index underlined the positive underlying trend.