Sector Investing

[Don Wennerstrom]

I notice the put/call ratio is much higher for the "indexes" as opposed to the "equity" put/call ratio. Said another way, the equity put/call ratio seems to be substantially under 0.5 while the index put/call is substantially over 0.5. Then when they get averaged together the number goes over 0.5.

I wonder if that is a problem in terms of mixing perhaps "apples and oranges"?

Don