Technology is the third-worst performing sector in the S&P this year, beating only healthcare and utilities.
This may surprise most investors, because a handful of tech stocks—Apple , Amazon and Texas Instruments —had a strong 2010.
"The only constant in the technology world is really the volatility," Jack Andrews, principal at the tech focused hedge fund Inflection Partners, told CNBC's "The Strategy Session" on Tuesday.
"There's lots of volatility in terms of product cycles getting shorter and shorter. In fact, there are some deflationary trends in technology when you think about the rise of open-source software for example," Andrews said.