Michael Santoli had a great one liner in his StreetWise column.THE OUTSIZED FOCUS LAST WEEK ON THE DOW'S REACHING "official" bear-market status with a 20% decline from a recent high is a bit like fixating on the moment that storm winds go from 73 to 74 miles per hour to formally become a hurricane.He also mentioned that oil was up 25% since May 1. I hadn't thought of it in those terms but anyone's perception of fundamentals notwithstanding, 25% in two months creates a meaningful headwind for further price rises in the near term.In an environment like this that headwind could be overcome to be sure but with energy now 16% of the S&P 500 an equalweight position takes on a little more risk for downside volatility than some folks may realize.

In late May, Hybrid Technologies, Inc (HYBR.OB) gave Popular Mechanics Magazine an exclusive first look at its new, green 220+ mph supercar, the Automotive X Prize. Popular Mechanics reviewed the renderings and video, was very impressed, and wrote a very positive review. Today, 24-7stockalert.net announced that it will cover Hybrid Technologies in its newsletter. 24-7stockalert.net focuses on providing financial info, news, and investment ideas to savvy investors.

Hybrid Technologies, Inc. is a development stage technology company that focuses on developing and marketing lithium-powered vehicles and products, as well as commercial and residential applications for its products. With concerns mounting over the negative effects of combustion engines, the use of hybrid-powered vehicles - which addresses the transportation needs of around 80% of the US - will place much less stress on the environment. The company has developed cars, motorcycles, mopeds, small four-wheeled

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