71. Another dealer said CPO prices would continue to be steady into the next week, with market trends remaining friendly. 72. Analysts said the bear market trend has encouraged traders to sell into rallies, making it harder to sustain any upward momentum. 73. Automobile stocks also rose, following the market trend. 74. But a CSFB-Effectenbank operator said the majority of investors were hesitant in the absence of new information likely to influence market trends strongly. 75. But a Union Bank of Switzerland broker said the basic market trend was still down. 76. Brokers said investors were waiting for company earnings reports this week to get a fix on the likely market trend. 77. But the decision by the German Bundesbank to hold key rates was the leading factor for market trends, he added. 78. But the overall market trend remains upward due to the continued decline in South African production, dealers said. 79. China-related shares also bucked the market trend, with investors optimistic that earnings would improve going forward, dealers said. 80. These hyper-speculative funds, which bet on short-term market trends, have decided to send gold higher. |