Consumer Disc SPDR Downtrend Replay (2000-01-07 to 2000-02-24)
Replay a 22.2% drawdown in the Consumer Discretionary SPDR across 66 daily bars from late 1999 into early 2000. Walk through each trading day, tackle 11 decision points, and receive an AI coach review of your choices in this simulated educational scenario.
66 daily bars · 11 decision points · 1999-12 to 2000-03 · Stocks
Key facts
This window spans 94 days with a peak-to-trough drawdown of 22.2% and a 16.9% run-up.
- Max drawdown
- −22.2%
- Max run-up
- +16.9%
- Duration
- 94 days
- Largest single-day move
- +7.3%
- Bars
- 66 Daily bars
- Decision points
- 11
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 scenario places traders in the Consumer Discretionary SPDR (ticker XLY) at the tail end of 1999, as the market faced mounting uncertainty heading into the new millennium. With the dot-com bubble showing cracks and interest rate concerns rising, sector rotation was accelerating. Participants must navigate 11 decision points across 66 daily bars without knowing what lies ahead, managing exposure through a period where the stakes for capital preservation were unusually high.
The authentic data reveals a brutal 22.2% maximum drawdown from peak to trough during this stretch. While the closing price ultimately fell 4.5% from 14.79 to 14.13, the journey was far more violent—a single session saw a 7.3% move that tested discipline. Four of the 11 decision points are flagged as critical, where positioning decisions carried outsized consequences. The span runs from 1999-12-14 through 2000-03-17, encompassing both the late 1990s momentum and the early 2000s repricing.
For decision training, the episode strips away the comfort of hindsight and forces traders to act under genuine uncertainty. The 22.2% drawdown teaches that even sector ETFs can experience severe contractions, demanding explicit stop logic and position sizing discipline. The 7.3% single-bar spike reminds participants that volatility clusters, and emotional responses to sudden drops often compound losses. Reviewing choices against the historical record builds the habit of questioning assumptions and tightening risk parameters when regime signals shift—a process skill that transfers beyond any single replay.