Technology Sel SPDR Downtrend Replay (2002-09-11 to 2002-09-30)
Replay a 2002 technology correction where the ETF slid 19.4% across 30 daily bars, testing your conviction through a 20.5% drawdown. Step through each session, face 7 decision points including 3 critical ones, and receive an AI coach review of your simulated choices.
30 daily bars · 7 decision points · 2002-08 to 2002-10 · Stocks
Key facts
This window spans 42 days with a peak-to-trough drawdown of 20.5% and a 6.8% run-up.
- Max drawdown
- −20.5%
- Max run-up
- +6.8%
- Duration
- 42 days
- Largest single-day move
- +5.6%
- Bars
- 30 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
The year is 2002. The dot-com wreckage still smolders across equity markets, and technology investors are navigating one of the most punishing bear cycles in modern market history. The Technology Select Sector SPDR (XLK) has already endured steep losses, yet another wave of selling pressure is about to test the sector. Between late August and early October, this ETF will traverse 30 daily bars, each decision point an examination of conviction under duress. The decade being examined is the 2000s, a period defined by extraordinary technology sector volatility.
From a closing price of 7.18, the ETF descended to 5.79, delivering a total decline of -19.4% across the data window. The journey was not a smooth descent—investors faced a peak-to-trough drawdown of 20.5%, and a single day could produce moves of 5.6%, creating an environment where composure was as valuable as analysis. Seven decision points punctuated this period, with three marked as critical, demanding participants navigate moments of maximum uncertainty and market stress.
This replay strips away hindsight and forces engagement with information as it arrived. Participants must confront how they respond to sustained pressure, whether they protect capital during a 20.5% drawdown or stay the course through mounting losses. The largest single-day swings become psychological stress tests—the moment when conviction either strengthens or fractures. Process matters more than prediction: disciplined frameworks, clear risk parameters, and emotional regulation separate informed decision-making from reactive behavior. This historical episode demonstrates that surviving severe drawdowns requires neither prophecy nor luck, but systematic execution and mental resilience.