ETFs To Watch August 19, 2011

Here is the ETF Professor's ETF Watch List for Friday August 19, 2011. Index plays: ProShares UltraPro Short Russell2000 SRTY and the ProShares UltraShort QQQ QID. Stick with the iShares COMEX Gold Trust IAU and the iShares Silver Trust SLV as safe haven plays. With no reason to be long Europe, trade the ProShares UltraShort MSCI Europe EPV. Emerging markets plays of the day: Direxion Daily India Bear 2X Shares INDZ, ProShares UltraShort FTSE China 25 FXP and the Global X Colombia FTSE 20 ETF GXG. Forex play of the day: CurrencyShares Canadian Dollar Trust FXC. Bond play of the day: SPDR Barclays Capital High Yield Bond ETF JNK.