ETFs To Watch March 7, 2011 (CUT, GAF, FAZ, USO)

Here is the ETF Professor's ETF Watch List for Monday March 7, 2011.

The Market Vectors Coal ETF KOL held up pretty well on Friday. For another materials play, keep an eye on the Guggenheim Timber CUT.

Oil plays: iPath S&P GSCI Crude Oil TR Index ETN OIL and the U.S. Oil Fund USO.

The Direxion Daily Financial Bear 3X Shares FAZ was up nearly 4% on Friday.

Emerging markets plays of the day: Market Vectors Egypt ETF EGPT, iShares MSCI South Korea Index Fund EWY and the SPDR S&P Emerging Middle East & Africa ETF GAF.

Forex play of the day: PowerShares DB US Dollar Index Bearish UDN.

Bond play of the day: Direxion Daily 20+ Yr Treasury Bear 3X Shares TMV.