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Beware the Smart Money: Hedge Funds Issue Sell Signal

Hedge funds are piling into equities, according to one investment bank. The problem? When these funds get bullish en masse, the market heads south, new research shows.

As if the so-called fiscal cliff and the continuing European debt crisis weren’t enough for investors to worry about, a hedge fund indicator that so far has been foolproof suggests that the stock market is headed down for the next month — and very possibly for the next three months. According

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