i love charts, for they speak louder than words.
Looking at the chart above, the NSE20 started going up/rising in October 2002 after Raila said Kibaki tosha.
From lows of 1005 in September 2002, it climbed to 1100 in November 2002, a month after those positive news, and has never gone back there to date(we might just get back there though seeing we are only 400 points above this). Things might get tougher before they get better.
At this point, the question is, do we have someone, a Joshua, who can lead to a generational NSE20 bottoming out, immediately his name is proposed as the next President. The current one is a tenderpreneur and i doubt he has any understanding in matters financial markets/financial assets. Kibaki was also a seasoned and celebrated economist, oversaw prudence in financial management and lastly, he appointed professionals rather than dimwits to oversee ministries.
Until we have such a person as a possible successor, the NSE will continue trading range bound as it is currently doing.
@SufficientlyP