Despite the strong rand the JSE remained strong, which showed that there was a lot of positive sentiment.

A lot of factors are positive for the sector, there's Christmas turnover, a stronger rand which means interest rates will remain as they are or even another cut as some people are suggesting.

This correction was long overdue and we all expected that it will happen at some stage, but the (upward) trend will not change, the fundamentals are still the same.

There's a broad-based recovery in this market after Monday's dip in line with American markets and helped by a weaker rand.

The JSE was lower today on profit taking and the pull back in markets overseas, especially the East. There is no change in the fundamentals.

Gold has pulled back from its recent spike to around $505 an ounce while the rand has strengthened to 6.34 against the US dollar.