1. At start: all energy is gravitational potential energy
2. Falling: gravitational potential energy transferred to kinetic energy
3. Just as rope tightens: maximum kinetic energy
4. Fully extended: no kinetic energy, maximum elastic potential energy
5. Ascent: kinetic energy transferred back to gravitational potential energy
6. At top: maximum gravitational potential energy
7. Never returns to original position: energy dissipated as thermal energy due to friction and non-elastic stretching