ETFs To Watch March 4, 2010 (AGQ, UYM, OIH, EWW)

Here is the ETF Professor's ETF Watch List for Thursday March 4, 2010. The ProShares Ultra Basic Materials ETF (NYSE: UYM) might be a good way to play continued strength materials names. The iShares MSCI Mexico Index Fund (NYSE: EWW) is looking a tad overbought. This Greece bailout thing might really be happening (or not). Either way, keep an eye on the SPDR S&P Emerging Europe ETF (NYSE: GUR). The PowerShares Global Wind Energy ETF (Nasdaq: PWND) was up by nearly 3% on Wednesday, but be careful as this is a thinly traded issue. Watch the Oil Services HOLDRs (AMEX: OIH) in the event that oil prices keep rising. Real estate remains in play, so keep an eye on the SPDR Dow Jones International Real Estate ETF (NYSE: RWX). Silver continues to look strong. Play that trend with the Ultra Silver ProShares ETF (NYSE: AGQ).