ETFs to Watch October 29, 2012 (ASEA, SQQQ, UUP)

Here is the ETF Professor's ETF Watch List for Monday October 29, 2012. Index play of the day: ProShares UltraPro Short QQQ SQQQ. The ProShares UltraShort Oil & Gas DUG will be in play this week. The WisdomTree Global ex-US Utilities ETF DBU could be offering some value for conservative investors. Emerging markets plays of the day: iShares MSCI Brazil Index Fund EWZ, Market Vectors Indonesia Small-Cap ETF IDXJ and the Global X FTSE ASEAN 40 ETF ASEA. Forex play of the day: PowerShares Dollar Bullish UUP. Bond play of the day: PIMCO Total Return ETF BOND.