Right, but to give it a bit more context:
The descent begins around 02:11:17, shortly followed by the PF's emphatic back-stick to the stop after 02:11:30 (which has the unfortunate consequence of completing the THS's drive to the full nose-up position, fouling the pitot tubes and consequently rendering the Stall Warning intermittent). Though it was completely the wrong thing to do, I can understand the instinct to pull the nose up when the altimeter begins to wind down.
What I have more trouble understanding is the motivation behind pulling the nose up past half-stick deflection around 02:10:09 (i.e. at AP disconnect), when the PF has just been explaining to the PNF why they are unable to safely climb to a higher flight level.