  We present results on the clustering of 282,068 galaxies in the Baryon
Oscillation Spectroscopic Survey (BOSS) sample of massive galaxies with
redshifts 0.4<z<0.7 which is part of the Sloan Digital Sky Survey III project.
Our results cover a large range of scales from ~0.5 to ~90 Mpc/h. We compare
these estimates with the expectations of the flat LCDM cosmological model with
parameters compatible with WMAP7 data. We use the MultiDark cosmological
simulation together with a simple halo abundance matching technique, to
estimate galaxy correlation functions, power spectra, abundance of subhaloes
and galaxy biases. We find that the LCDM model gives a reasonable description
to the observed correlation functions at z~0.5, which is a remarkably good
agreement considering that the model, once matched to the observed abundance of
BOSS galaxies, does not have any free parameters. However, we find a deviation
(>~10%) in the correlation functions for scales less than ~1 Mpc/h and ~10-40
Mpc/h. A more realistic abundance matching model and better statistics from
upcoming observations are needed to clarify the situation. We also estimate
that about 12% of the "galaxies" in the abundance-matched sample are satellites
inhabiting central haloes with mass M>~1e14 M_sun/h. Using the MultiDark
simulation we also study the real space halo bias b(r) of the matched catalogue
finding that b=2.00+/-0.07 at large scales, consistent with the one obtained
using the measured BOSS projected correlation function. Furthermore, the linear
large-scale bias depends on the number density n of the abundance-matched
sample as b=-0.048-(0.594+/-0.02)*log(n/(h/Mpc)^3). Extrapolating these results
to BAO scales we measure a scale-dependent damping of the acoustic signal
produced by non-linear evolution that leads to ~2-4% dips at ~3 sigma level for
wavenumbers k>~0.1 h/Mpc in the linear large-scale bias.
