NisonNison's Japanese Candlestick book talks about record sessions creating new highs higher than the day before's. They have significance in some situations. I've noticed the similarity with athletic competition records where new records just surpass the prior records by a hair. Like today we made a new high, but then fell back. We've had a series of new highs. I heard a college basketball team saying that after expending a lot of energy to win, they wouldn't do much hard practice while waiting for the next championship game. There seems to be a sense of let down or relaxing once the new high is achieved, the pressure gets released, or, as the press always says, profit taking.

Tom Marks adds:

One spectacular exception: Bob Beamon's astounding long jump at the 1968 Olympics. Records are broken, but rarely pulverized like this, as the numbers bear out. From Wikipedia:

Sports journalist Dick Schaap wrote a book about the leap, called The Perfect Jump. Prior to Beamon's jump, the world record had been broken thirteen times since 1901, with an average increase of 6 cm (2½ in) and the largest increase being 15 cm (6 in). Beamon's gold medal mark bettered the existing record by 55 cm (21¾ in.) as he became the first person to reach both 28 and 29 feet….The defending Olympic champion, Lynn Davies of Great Britain, told Beamon, "You have destroyed this event", and in track and field jargon, a new adjective - Beamonesque - came into use to describe spectacular feats. Beamon landed his jump near the far end of the sand pit in which jumpers land. The optical device which had been installed to measure jump distances was not designed to measure a jump of such length. This forced the officials to measure the jump manually which added to the jump's aura.





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