ETFs To Watch August 8, 2011

Here is the ETF Professor's ETF Watch List for Monday August 8, 2011. With oil looking vulnerable, trade the ProShares UltraShort Oil & Gas DUG. Base metals should be played with the PowerShares DB Base Metals Short ETN BOS. Index plays: ProShares UltraShort S&P500 SDS and the ProShares UltraPro Short Russell2000 SRTY. Emerging markets plays of the day: ProShares UltraShort Brazil BZQ, Direxion Daily Emerging Markets 3X Bear Shares EDZ and the Direxion Daily India 2X Bear Shares INDZ. Forex play of the day: CurrencyShares Swiss Franc Trust FXF. Bond play of the day: ProShares UltraShort 20+ Year Treasury TBT.