ETFs To Watch March 16, 2011 (TAN, QID, EWW, TLO)

Here is the ETF Professor's ETF Watch List for Wednesday March 16, 2011.

With the Nikkei in rally mode, trade the iShares MSCI Japan Small Cap Index Fund SCJ and the ProShares UltraShort Yen YCS.

Can the Guggenheim Solar ETF TAN keep its stellar run if the news out of Japan improves?

As an insurance play, keep an eye on the ProShares UltraShort QQQ QID.

Emerging markets plays of the day: Direxion Daily Emerging Markets Bear 3X Shares EDZ, Market Vectors Indonesia ETF IDX and the iShares MSCI Mexico Investable Market Index Fund EWW.

Forex play of the day: PowerShares DB US Dollar Index Bearish UDN.

Bond play of the day: SPDR Barclays Capital Long Term Treasury ETF TLO.