Nasdaq battered as techs slump

 

CNN Money quoted Don DeWaay, founder and CEO of DeWaay Capital Management, in an article titled, “Nasdaq battered as techs slump” on January 29, 2010.

 

The article mentioned how investors do not believe the economic growth during the fourth quarter of 2010 could be sustained. DeWaay stated, “"I think some of this is an indictment of what we're seeing in the economy. People are realizing that although GDP growth was good in the fourth quarter of last year, 2010 isn't going to be as strong as had been thought."

 

 

For full article, visit: http://money.cnn.com/2010/01/29/markets/markets_newyork/