If you search this blog you will find links to what I have written in the past few months on Russia. I hope you find the material useful. It is, like everything I write, original. I rely on my own experience and knowledge to source the material, and the conclusions I reach " right or wrong " are my own.

I mentioned Mining & Metallurgical Company Norilsk Nickel yesterday. Norilsk is one of the great base metals companies of the world. Today NILSY was up 2.43 pct to $54.80. There is a link at Yahoo to a premium report (May 15) on Norilsk that I hope you read. That's because NILSY may have hit a cycle low yesterday at $53.50. At least the stock has now dropped down into my accumulation zone, and the company is on the Cara Global Best 100 Companies list.

I prepared a big note on Norilsk Nickel on March 15. I didn't recommend buying NILSY at the time because the stock was trading then at $62.25, and I had just (March 2) called a bear phase to take down the broad market, including Basic Materials stocks.

The Moscow Times Stock Index (MTMS) yesterday closed at 7550, which was down over 11 pct since I wrote about the cycle top. Today the MTMS was up 3.87 pct to 7842. It is possible that the Russian equity market is now on its way higher. Unfortunately I will be pre-occupied with a medical procedure so I may not have time to review it properly for you until the weekend.

But you could do that yourself; from all the material I have produced on this blog.