| 19.05.2006 Other Voices: A tired bull, but no bear: Russia in nasty correction, but hardly unexpected |
| From Roland Nash and Ilya Veller, Director, Renaissance Capital iveller@rencap.com: There are two ways of depicting the recent performance of the Russian stock market. First, it can be described as a 17% collapse, making it the worst seven working day performance since Mr Khodorkovsky’s arrest in October 2003. Or second, it can be viewed as the long awaited ‘healthy correction’ in a bull market wh |