Technology Sel SPDR Downtrend Replay (2001-08-24 to 2001-09-21)
Relive the 2001 tech crash as the XLK ETF plunges 26.0% across 32 daily bars of authentic volatility. Step through each session, tackle three critical decision points, and receive an AI coach review in a fully simulated educational training environment.
32 daily bars · 7 decision points · 2001-08 to 2001-10 · Stocks
Key facts
This window spans 50 days with a peak-to-trough drawdown of 28.5% and a 6.5% run-up.
- Max drawdown
- −28.5%
- Max run-up
- +6.5%
- Duration
- 50 days
- Largest single-day move
- −6.3%
- Bars
- 32 Daily bars
- Decision points
- 7
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
In August 2001, the technology sector remained under severe pressure as the dot-com collapse continued reshaping equity valuations. The XLK ETF, representing the technology Select SPDR, offered traders and investors a concentrated view of how sector dynamics unfolded during this turbulent period. This era presented a stark case study in market stress and the challenges of navigating a sustained repricing environment.
The replay spans 32 daily bars from 2001-08-13 to 2001-10-02, during which XLK declined from 12.82 to 9.49, a total move of -26.0%. Maximum drawdown reached 28.5%, with the largest single-bar move accounting for 6.3%. Seven decision points are embedded throughout the scenario, three of which are designated as critical junctions where positioning choices carry heightened consequence for portfolio outcomes.
The scenario tests risk management fundamentals, particularly drawdown tolerance and exit discipline. It forces participants to confront how decision-making quality degrades under sustained pressure, revealing the gap between theoretical strategies and real execution under stress. The three critical decision points serve as inflection moments where pre-planned responses are weighed against emerging market signals. This replay cultivates situational awareness of volatility cycles, emphasizing that process consistency and emotional regulation matter as much as directional conviction when markets move against positions.