Consumer Disc SPDR Downtrend Replay (2000-09-11 to 2000-10-12)
Replay an 18.5% drawdown in Consumer Discretionary SPDR across 48 daily bars from August to October 2000. You navigate nine decision points through the simulated correction and receive AI coach feedback on your reasoning.
48 daily bars · 9 decision points · 2000-08 to 2000-10 · Stocks
Key facts
This window spans 66 days with a peak-to-trough drawdown of 18.5% and a 7.6% run-up.
- Max drawdown
- −18.5%
- Max run-up
- +7.6%
- Duration
- 66 days
- Largest single-day move
- −7.0%
- Bars
- 48 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 Consumer Discretionary SPDR (XLY) entered September 2000 at a precarious moment. The dot-com collapse was spreading fear across equity markets, and defensive consumer stocks were no refuge. Participants in this replay navigate a full correction phase spanning 48 daily bars from late August through late October, facing the full weight of shifting sentiment on the sector.
The price decline was steep and uneven: closing values fell from 13.02 to 11.48, a drop of -11.8%, while maximum drawdown reached 18.5%—meaning interim losses exceeded the final close. Volatility was punctuated by a 7.0% single-bar move, the largest daily swing, underscoring how corrections accelerate through emotional overshoots rather than orderly retreats. Nine decision points are embedded, three flagged as critical, forcing learners to act under uncertainty rather than observe from the sidelines.
The scenario strips away hindsight and asks what reasonable process looks like when drawdown mounts. Managing risk through a -11.8% decline with 18.5% peak-to-trough exposure tests position sizing, conviction, and emotional discipline. The 7.0% intraday spike illustrates why volatility alone cannot dictate exits. Decision training here focuses on calibrating response to pressure: did you react to price or to process? Did you size positions for resilience or for hope? The lesson is not that corrections are predictable, but that navigating them demands a repeatable framework tested before the stakes are real.