Here is the ETF Professor's ETF Watch List for Wednesday February 2, 2011. With major indexes breaking out past critical resistance levels, try the ProShares UltraPro S&P500 UPRO and the SPDR Dow Jones Industrial Average DIA. For materials plays, try the Global X Silver ETF SIL, the Global X Uranium ETF URA and the Market Vectors Steel ETF SLX. Trade agriculture with the PowerShares DB Agriculture Double Long ETN DAG. Emerging markets plays of the day: Market Vectors Vietnam ETF VNM, Market Vectors Russia ETF RSX and the SPDR S&P Emerging Europe ETF GUR. Forex play of the day: CurrencyShares Australian Dollar Trust FXA. Bond play of the day: ProShares UltraShort 20+ Year Treasury TBT
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