In a previous paper(1) the pressure-tension cycles accompanying the cavitation of liquids subjected to tension by dynamic stressing were explained in terms of the growth of cavities. This explanation suggested that previous experiments(2) had not recorded the shock pressures expected to accompany the rebound of cavities from minimum radius. As these shockwaves are related to cavitation damage, this was deemed a serious omission. This paper addresses this issue and offers insight into the hitherto unexplored structure of the pressure-tension cycles.