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MUNNO PARA. Home Meet 27/1 -- Girls U10 70m: A. Kent 12.4, T. Hembury, O. Graf. 100m: A. Kent 18.7, T. Hembury, O. Graf. 1100mW: O. Graf 8:35.5, C. Head, T. Hembury. TJ: A. Kent 6.45, O. Graf, C. Head. SP: T. Hembury 4.01, A. Kent, O. Graf. Boys U10 70m: M. Haddon 11.0, L. Page, N. Hunter. 100m: M. Haddon 15.6, L. Page, N. Hunter. 400m: M. Haddon 1:21.1, J. Burke, N. Hunter. TJ: M. Haddon 7.72, L. Page, J. Burke. SP: L. Page 10.88, N. Hunter, J. Burke. Girls U11 100m: L. Leedham 16.3, A. Holt, N. Pring. 400m: L. Leedham 1:38.4, N. Pring, A. Holt. 1100mW: L. Leedham 9:25.6, N. Pring, A. Holt. TJ: L. Leedham 7.29, N. Pring, A. Holt. SP: L. Leedham 6.12, A. Holt, N. Pring. [Jav]: L. Leedham 12.58, N. Pring, A. Holt. Boys U11 100m: D. Richards 15.8, K. Presbury, C. Kent. 400m: D. Richards 1:22.6, K. Presbury, C. Kent. 1100mW: C. Kent 7:18.2, D. Richards, K. Presbury. TJ: D. Richards 7.67, K. Presbury, C. Kent. SP: C. Kent 6.98, D. Richards, K. Presbury. Jav: D. Richards 14.81, K. Presbury, C. Kent. Girls U12 100m: R. Ramsbotham 16.3, R. Cole, S. Mobbs. 400m: D. Walsh 1:27.8, R. Cole, S. Mobbs. 1500mW: R. Ramsbotham 12:04.3, R. Cole, S. Mobbs. TJ: D. Walsh 7.18, R. Ramsbotham, R. Cole. Discus: R. Ramsbotham 16.38, D. Walsh, S. Mobbs. Jav: D. Walsh 9.38, S. Mobbs, R. Ramsbotham. Girls U13 100m: B. Kent 16.6, G. Steel, T. Stuart. 400m: B. Kent 1:26.0, G. Steel. 1500m: B. Kent 7:29.7, G. Steel, T. Stuart. LJ: B. Kent 2.82, G. Steel, T. Stuart. HJ: B. Kent 1.09, G. Steel. Discus: T. Stuart 17.07, G. Steel, B. Kent. Boys U13 100m: Z. Hibbard 19.3. 400m: Z. Hibbard 1:31.0. 1500m: Z. Hibbard 6:56.1. LJ: Z. Hibbard 2.53. HJ: Z. Hibbard 1.17. Discus: Z. Hibbard 9.09. Girls U14 100m: B. McLaren 16.1, N. Richards, E. Simpson. 400m: E. Simpson 1:26.1, N. Richards, B. McLaren. 1500m: E. Simpson 6:42.4, N. Richards, B. McLaren. TJ: N. Richards 7.10, E. Simpson, B. McLaren. SP: E. Simpson 4.88, B. McLaren, N. Richards. Jav: E. Simpson 11.60, N. Richards, B. McLaren. Boys U14 100m: A. Smitham 17.3. 400m: A. Smitham 1:42.3. 1500m: A. Smitham 7:48.2. TJ: A. Smitham Comp. SP: A. Smitham 4.30. Jav: A. Smitham 7.73. Girls U15 100m: A. Burke 15.9. 400m: A. Burke 1:44.0. 1500m: A. Burke 7:40.6. LJ: A. Burke 3.80. HJ: A. Burke 1.10. Discus: A. Burke 15.76. Boys U15 100m: N. Ramsbotham 13.0. 400m: N. Ramsbotham 1:04.7. 1500m: N. Ramsbotham 6:34.9. LJ: N. Ramsbotham 5.32. HJ: N. Ramsbotham 1.65. Discus: N. Ramsbotham 26.05. Boys U16 100m: C. Steel 13.2. 400m: C. Steel 1:42.4. 1500m: C. Steel 7:38.0. LJ: C. Steel 4.89. HJ: C. Steel 1.30. Discus: C. Steel 13.81.

[...]they see nothing on the horizon that leads them to believe that the economy is going to buck the trend. At the nadir of the cycle, you buy stocks, and as expansion gets under way again, you buy commodities. Because expansion is the mirror image of contraction, the moves during the upside of the cycle are the opposite of what happens during declines.

Basically the authors' view is that secular trends dominate the characteristics of cyclical trends and that during a rising secular trend, bullish cyclical trends are persistent and have substantial magnitude while cyclical bear trends are short and shallow...