We also have to consider what someone said(can't remember who),foreign investors might be locals operating via proxy.

Plain and simple. Wanjikus will never influence Mr Market.

Wanjiku expects $=100 & NSE to selloff hard. Mr Market always likes to disappoint herd mentality.

Unless there is an outsize market event, the herd is highly likely to be disappointed.

I have put my skin on the line since Nov 2012 despite the glaring risks and fear parade. I stand unmoved unless a market event forces me to jump ship.

Emerging markets vs global main markets, the latter promises faster outsize performance for a decade at least.

a number of firm's stock prices are still way higher than they were at the end of Q4 2012 hence buyin in Q1 was a good move. And I ask, if everyone is to sell who remains? The answer is the long termer and institutional investors. These two groups will provide price stability even in a contested election, esp for stocks with strong fundamentals.. IMO, only local people with very few shares individually and some short-term-profit-hungry foreigners are selling at the moment