ETFs To Watch February 23, 2011 (CZI, UGA, FXF, TLT)

Here is the ETF Professor's ETF Watch List for Wednesday February 23, 2011. Obviously, the Libya situation makes the following ETFs worth following: U.S. Oil Fund (NYSE: USO), U.S. Gasoline Fund (NYSE: UGA) and the ProShares Ultra DJ-UBS Crude Oil (NYSE: UCO). The Nasdaq could be in for another down day, so try the ProShares UltraShort QQQ (NYSE: QID) and the Direxion Daily Semicondct Bear 3X Shares (NYSE: SOXS). The iShares MSCI Italy Index Fund (NYSE: EWI) is another to watch. Emerging markets plays of the day: Direxion Daily China Bear 3X Shares (NYSE: CZI), Market Vectors Vietnam ETF (NYSE: VNM) and the Direxion Daily India Bear 2X Shares (NYSE: INDZ). Forex play of the day: CurrencyShares Swiss Franc Trust (NYSE: FXF). Bond play of the day: iShares Barclays 20+ Year Treasury Bond ETF (NYSE: TLT).