Technology Sel SPDR Downtrend Replay (2002-03-11 to 2002-04-11)
Replay a 19.5% XLK drawdown across 46 days of 2002 market history. Step into the decision points as the tech correction unfolds, make your own calls, and receive an AI coach review in this simulated training environment.
46 daily bars · 9 decision points · 2002-02 to 2002-04 · Stocks
Key facts
This window spans 64 days with a peak-to-trough drawdown of 19.5% and a 14.7% run-up.
- Max drawdown
- −19.5%
- Max run-up
- +14.7%
- Duration
- 64 days
- Largest single-day move
- +5.1%
- Bars
- 46 Daily bars
- Decision points
- 9
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 early 2002 technology sector presented investors with one of the most challenging recovery environments in modern market history. The dot-com crash had devastated valuations, yet uncertainty remained about which companies would survive the shakeout. XLK, the Technology Select Sector SPDR, traded around 10.18 at the start of our replay window, offering concentrated exposure to a sector still searching for its floor. Participants face the fundamental question that haunted institutional and retail investors alike: how do you navigate recovery when sentiment remains fragile and sector leadership keeps shifting beneath your feet?
This replay captures 46 trading days from February 21 to April 26, 2002, during which XLK ultimately fell 7.7% from 10.18 to 9.4. The headline decline, however, obscures the real story. A max drawdown of 19.5% reveals the violent intraday swings that defined this period, and the largest single-bar move of 5.1% underscores how quickly sentiment could reverse. Nine decision points punctuate the timeline, three of which qualify as critical junctures where conviction would be severely tested. The gap between entry price and realized outcome measured far more than price direction.
The scenario trains participants to distinguish between prediction and process. Early 2002 offered no shortage of bearish commentary, yet profiting from bearishness required disciplined risk management and psychological resilience. This historical replay strips away the comfort of hindsight, demanding that participants make calls in real time while managing the emotional weight of drawdowns that exceeded the final outcome. Understanding that max drawdown often exceeds final price change prepares traders for the psychological reality of volatile markets.