Bubble · Jakarta Composite Index (2000)
Replay the Jakarta Composite Index from late 1999 through July 2000 as it shed 15.0% from 597.54 to 508.11 amid a bruising tech bubble. Step through 25 daily decision points, navigate a 36.8% drawdown, and receive an AI coach review of each simulated call.
144 daily bars · 25 decision points · 1999-12 to 2000-07 · Stocks
Key facts
This window spans 219 days with a peak-to-trough drawdown of 36.8% and a 17.7% run-up.
- Max drawdown
- −36.8%
- Max run-up
- +17.7%
- Duration
- 219 days
- Largest single-day move
- −4.9%
- Bars
- 144 Daily bars
- Decision points
- 25
Every figure above is computed programmatically from this replay’s own candle series — no editorial input, no LLM. Methodology: Methodology
The market advances day by day. You only see candles up to the current day — as if you were really there.
At key decision points choose Buy / Trim / Exit / Hold. Each decision advances the timeline by one day.
After settlement you get a six-dimension score and an AI coach review. Your result enters the scenario leaderboard.
Event Replay
What happened — and what it teaches
The Jakarta Composite Index entered December 1999 at a critical juncture. The late 1990s had brought devastating turmoil to Southeast Asian markets, and by 1999 investor confidence was cautiously rebuilding. Yet the early months of 2000 introduced new pressures as the global tech mania began unraveling, testing whether Indonesian equities could sustain their nascent recovery. This replay places you in the midst of that uncertain transition, with the market oscillating between recovery hopes and bubble anxieties across 144 trading days.
From 597.54 on December 1, 1999, the index ultimately fell to 508.11 by July 7, 2000, representing a -15.0% decline over the period. The journey was far more turbulent than the net figure suggests: the market endured a maximum drawdown of 36.8%, meaning interim losses far exceeded the final outcome. Extreme single sessions moved prices by as much as 4.9%, creating sharp intraday stress. Twenty-five decision points, nine of them flagged as critical, punctuate the replay, demanding repeated judgment calls in conditions where direction reversed frequently.
Navigating this scenario teaches enduring lessons about process discipline under volatility. The gap between peak-to-trough drawdown and final outcome reveals how easily an investor can exit at the worst moment without clear rules. The 4.9% single-bar swings underscore that news-driven spikes can mislead even careful analysis. This replay hones the ability to maintain conviction through noise, manage risk sizing against a 36.8% potential loss, and recognize that surviving a -15.0% decline requires neither prophecy nor luck, but structured decision-making. The Indonesian market's tech-bubble episode offers a rigorous training ground for confronting similar episodes in any era.