The assumption that two subsystems control the balance during quiet standing in humans is considered. Their function is to control the slow movement of the reference point and rapid stabilization of the center of mass (COM) relative to this point. A method allowing the COM trajectory to be divided into the corresponding two components, which was developed earlier, has been used to analyze and compare the time patterns of these processes. The results of this analysis have shown that the movement of the reference point is dominant in terms of the oscillation amplitude. Therefore, the oscillations of the COM trajectory reflect the slow movement of the reference point and are practically unrelated to the stabilization of the COM relative to this point. The possibility of applying the decomposition of the COM trajectory into components to fundamental and clinical research is discussed.