Bubble · Straits Times Index (1996)
Replay the Straits Times Index bubble peak across 150 daily bars from October 1995, when prices climbed 12.5% to 2350.4. Step through policy-driven volatility day by day, face 26 decision points with AI coach review, and explore this historic cycle in a simulated environment.
150 daily bars · 26 decision points · 1995-10 to 1996-05 · Stocks
Key facts
This window spans 221 days with a peak-to-trough drawdown of 7.7% and a 20.8% run-up.
- Max drawdown
- −7.7%
- Max run-up
- +20.8%
- Duration
- 221 days
- Largest single-day move
- −3.5%
- Bars
- 150 Daily bars
- Decision points
- 26
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 Straits Times Index entered a pivotal chapter in October 1995, at the height of a regional market surge that would define the 1990s investment landscape. Over 150 trading days extending through May 1996, Singapore's benchmark index navigated an environment shaped by policy shifts and speculative fervor. Participants in this replay confront the fundamental challenge faced by investors throughout that era: distinguishing sustainable momentum from precarious exuberance when the broader market narrative remains overwhelmingly positive.
The market's trajectory during this period revealed the characteristic patterns of late-cycle excess. The index climbed from 2088.7 to 2350.4, capturing a 12.5% advance that masked considerable underlying turbulence. Volatility manifested through a maximum drawdown of 7.7% and single-day swings reaching 3.5%, creating an environment where policy announcements could abruptly shift sentiment. The 26 decision points embedded throughout this replay—nine of them critical junctures—simulate the pressure of navigating genuine inflection moments without the benefit of hindsight.
For those studying market history, this scenario offers a laboratory for examining decision-making under uncertainty. Participants must reconcile the discipline of process with the psychology of momentum, recognizing that sustainable returns require more than identification of a rising trend. The gap between recognizing a bubble and acting on that recognition proves far wider in practice than in theory. This historical period, rendered in authentic daily bars, provides an unvarnished case study for testing one's own assumptions about risk tolerance and market psychology.
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