Narrative:

Aircraft in cruise flight, IMC, occasional light turbulence, thunderstorms in area. No radar returns for route of flight ahead. For no apparent reason, airspeed increased and aircraft climbed from FL370 assigned altitude (autoplt on, altitude hold, turbulence mode). Captain reduced power, disengaged autoplt and pitched aircraft down. Aircraft began to oscillate in pitch and altitude/airspeed between 38000 ft and 36000 ft/290 KIAS (and above redline) to 170 KIAS. The aircraft behaved as if it had encountered a mountain wave. Center was notified and had no conflicts. The pitch trim was apparently trying to keep up with the power/pitch changes and (we think) over compensated. The pitch trim circuit breaker was pulled, and the captain regained control and restabilized the aircraft at FL370. Rest of the flight was uneventful. Don't know why this happened. There are no 15000 ft mountains in sc and winds aloft were quartering tail at about 70 KTS. Possible convective activity in the area could have been a factor but you never would have guessed it.

Google
 

Original NASA ASRS Text

Title: LTT ACFT. CREW ENCOUNTERS EXTREME UP AND DOWNDRAFTS ASSOCIATED WITH CONVECTIVE ACTIVITY. ACFT CTL IS ALMOST LOST IN THE UPSET.

Narrative: ACFT IN CRUISE FLT, IMC, OCCASIONAL LIGHT TURB, TSTMS IN AREA. NO RADAR RETURNS FOR RTE OF FLT AHEAD. FOR NO APPARENT REASON, AIRSPD INCREASED AND ACFT CLBED FROM FL370 ASSIGNED ALT (AUTOPLT ON, ALT HOLD, TURB MODE). CAPT REDUCED PWR, DISENGAGED AUTOPLT AND PITCHED ACFT DOWN. ACFT BEGAN TO OSCILLATE IN PITCH AND ALT/AIRSPD BTWN 38000 FT AND 36000 FT/290 KIAS (AND ABOVE REDLINE) TO 170 KIAS. THE ACFT BEHAVED AS IF IT HAD ENCOUNTERED A MOUNTAIN WAVE. CTR WAS NOTIFIED AND HAD NO CONFLICTS. THE PITCH TRIM WAS APPARENTLY TRYING TO KEEP UP WITH THE PWR/PITCH CHANGES AND (WE THINK) OVER COMPENSATED. THE PITCH TRIM CIRCUIT BREAKER WAS PULLED, AND THE CAPT REGAINED CTL AND RESTABILIZED THE ACFT AT FL370. REST OF THE FLT WAS UNEVENTFUL. DON'T KNOW WHY THIS HAPPENED. THERE ARE NO 15000 FT MOUNTAINS IN SC AND WINDS ALOFT WERE QUARTERING TAIL AT ABOUT 70 KTS. POSSIBLE CONVECTIVE ACTIVITY IN THE AREA COULD HAVE BEEN A FACTOR BUT YOU NEVER WOULD HAVE GUESSED IT.

Data retrieved from NASA's ASRS site as of July 2007 and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.