ETFs to Watch October 16, 2012 (DZZ, EEM, QQQ)

Here is the ETF Professor's ETF Watch List for Tuesday October 16, 2012. The PowerShares DB Gold Double Short ETN (NYSE: DZZ) looks interesting. Index play of the day: PowerShares QQQ (NASDAQ: QQQ). The iShares MSCI Belgium Investable Market Index Fund (NYSE: EWK) is nearing some critical resistance. Emerging markets plays of the day: iShares MSCI Emerging Markets Index Fund (NYSE: EEM), Global X Brazil Consumer ETF (NYSE: BRAQ) and the EGShares Emerging Markets Consumer ETF (NYSE: ECON). Forex play of the day: PowerShares DB Dollar Bearish (NYSE: UDN). Bond play of the day: Vanguard Total Bond Market ETF (NYSE: BND).