ETFs to Watch September 23, 2011

Here is the ETF Professor's ETF Watch List for Friday September 23, 2011. Due for a rebound: iShares COMEX Gold Trust IAU. Desperate for defense? Try the SPDR Select Sector Utilities XLU. Top inverse ideas: ProShares UltraShort Basic Materials SMN and the ProShares UltraShort Oil & Gas DUG. Emerging markets plays of the day: Direxion Daily India 2X Bear Shares INDZ, ProShares UltraShort MSCI EAFE EFU and the Direxion Daily Latin America 3X Bear Shares LHB. Forex play of the day: PowerShares DB US Dollar Index Bullish UUP. Bond play of the day: Direxion Daily 20+ Yr Treasury Bull 3X Shares TMF.