ETFs To Watch May 24, 2011 (EUO, SRTY, INDZ, XLP)

Here is the ETF Professor's ETF Watch List for Tuesday May 24, 2011. Troubled index plays: ProShares UltraPro Short Russell2000 SRTY and the ProShares UltraShort QQQ QID. If you must be long something plays: Consumer Staples Select Sector SPDR XLP, iShares MSCI Switzerland Index Fund EWL and the Global X Food ETF EATX. Emerging markets plays of the day: Market Vectors Russia ETF RSX, Direxion Daily Emerging Markets Bear 3X Shares EDZ and the Direxion Daily India Bear 2X Shares INDZ. Forex play of the day: ProShares UltraShort Euro EUO. Bond play of the day: iShares Barclays 20+ Year Treasury Bond ETF TLT.