I still expect Vladimir Putin's exit to be vertical and not horizontal.
The election has been stolen, as expected, but the battle lines amongst the Siloviki are already being drawn up, and even if he *is* able to transfer some powers and then become PM, it is inevitable that his position will be lessened. The strains within the regime will become more obvious, so I suspect today will be seen as something of a high water mark for Putinism. Sooner or later a law based system needs to emerge, and with oil down $10 this week, it may not even be too long before Russian inefficiency and the cupidity of the Russian State begin to show up in further weakness, rather than the boom/strength that most are forecasting on the basis of the oil wealth transfer.
In short, Although the timing is highly problematic, I think that there are political threats that will add to the demographic crisis to undermine progress, even while in the short term those who think that Putin represents stability and that the commodity/oil money will not slacken off soon (Russia bulls) will clearly be in the driving seat as far as sentiment is concerned.
Some may say that the "result" of the poll creates greater stability- in my view it weakens the long term security of the political system. Ultimately the drive for stability will end up undermining it.