Page 182 - THE MARKET WHISPERER

178 PART 6 - Indices, Sectors And Crystal Balls

The Dow Jones ETF: DIA

The Dow Jones Index [DJI] is tracked by the “Diamonds” ETF, symbol
DIA. The DIA is meant for people, of which there are a great many
worldwide, wanting to link their money to this index’s yield. Just like SPY
and QQQ, the DIA is traded like a stock. In other words, it has a symbol, and
supply and demand.

The Dow Jones Futures Contract: YM

The YM is the Dow Jones futures index and is professionally known as:
E-mini Dow Jones Industrial Average Futures contract. As with the other
futures described, the YM represents the expected futures outcomes of the
Dow. It is also electronically traded 24 hours a day on the Chicago CME.

The YM Symbol
This, too, follows the pattern of the ES and NQ. The YM expires on the

third Friday of the last month of each quarter. An example of aYM for the
fourth quarter of 2010 is: /YMZ0.