Word: downwards
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...awaits. The great Greg Louganis, a double gold medalist at Los Angeles, completely butchers a couple of dives in the 10-meter platform prelims. He has explained, in his bashful, self-effacing way, that he is not really training. Headshaking here; sad to see a fine athlete on the downward slide. Uh-huh. But when the diving is finished a couple of days later, guess which bashful, self-effacing phenomenon has another two golds? The real surprise is that Michele Mitchell also wins two. She won the silver last summer in the 10 meter platform, and owns that event...
...economy is trudging along at a slow 3% annual growth rate, investors see plenty of reasons for putting their money on the line. They feel particularly buoyed by declining interest rates. Federal Reserve Chairman Paul Volcker hinted last month that the central bank will continue to apply downward pressure on rates in order to keep the economy moving. Volcker seemed to confirm that policy last week, when he stated that the Fed's open-market committee will keep a relatively loose rein on the money supply, a strategy that should keep plenty of cash available for loans to businesses...
...Skyhawk through a stunt called the opposing blivot, in which two planes approach head on, then, as they come within 200 ft. of each other, go into steep climbs. At the peak of the stunt, the pilots pull out of a 6,000-ft.-high loop, point their planes downward and crisscross paths at a 45° angle. It was during that precisely timed climax that Gershon's plane and another A-4 collided. The pilot of the other plane ejected and parachuted to safety, but Gershon's plane went into a dive that ended in a fiery crash...
...downward drift in part reflects diminished confidence in the U.S. economy. Some currency traders have dumped dollars because they believe the recovery is coming to an end. The concern was reinforced last week when new Commerce Department figures showed that the economy in the second quarter grew at a 1.7% annual rate. That was well below the earlier estimate...
...Then last June she heard about an experimental treatment being tested at the New York State Psychiatric Institute at Columbia University. It involved aiming a powerful magnet at a spot on the brain to reset the wayward neural circuits that keep Martha, and millions like her, stuck in the downward spiral of depression...