ETFs To Watch June 16, 2011 (FXF, QID, SCO, RUSS)

Here is the ETF Professor's ETF Watch List for Thursday June 16, 2011. With little reason to be long the market, give the iPath S&P 500 VIX Short-Term Futures ETN

a look. Along the same lines, the ProShares UltraPro Short Russell2000

and the ProShares UltraShort QQQ

remain viable trades. With oil hovering near $95,the ProShares UltraShort DJ-UBS Crude Oil

looks worthy of a trade. Emerging markets plays of the day: Direxion Daily Russia 3X Bear Shares

, ProShares UltraShort Brazil

and the Direxion Daily Emerging Markets 3X Bear Shares

. Forex play of the day: CurrencyShares Swiss Franc Trust

. Bond play of the day: iShares Barclays 20+ Year Treasury Bond ETF

.