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.

The U.S market closed higher on Thursday and we are following that trend, but I think things will settle down in the new year.

The JSE is strong again, but it will stay volatile for the foreseeable future. The Dow was steady overnight, while the gold price moved back to $530/oz. The market should pick up from next week as more people are at their desks.

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.

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.