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The S&P 500 Index Ticks Near 3,000, But I'm At 2,400 Reasoning historically, I'm at 2,400 but the market flirts with 3,000. Who's right? I'm only 50% long, so I'm abjectly wrong- footed. Adjusted for market volatility, call me 65% invested. After all, Facebook, Alibaba, Microsoft and Citigroup can dance 4% intraday, both ways.
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