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What are ups and downs?

What are ups and downs? Here are some definitions.

Noun
  1. (idiomatic) Periods of positive and negative events, moods, or interactions; highs and lows.
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Examples
She's a trampolinist, so it is no surprise her career has had its ups and downs.
Yes there will be little bits of ups and downs as corporate America back-pedals on IT budgets.
Then there is the sinking stock market and the move from guaranteed retirement pay to dependency on the ups and downs of financial casinos.
It has all the emotional ups and downs of a rollercoaster, the sweetest of pleasures, and all the scares of a ghost train.
There is no obvious reason, no cyclical pattern that can be discerned for these ups and downs.
We've had a few ups and downs along the way but thankfully it all came good in the end.

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