ETFs to Watch September 26, 2012 (DUG, GLD, UUP)

Here is the ETF Professor's ETF Watch List for Wednesday September 26, 2012.

Index play of the day: ProShares UltraShort QQQ (NYSE:QID).

The ProShares UltraShort Oil & Gas (NYSE:DUG) is starting to look interesting.

Keep an eye on the SPDR Gold Shares (NYSE:GLD).

Emerging markets plays of the day: ProShares UltraShort FTSE China 25 (NYSE:FXP), Market Vectors Russia ETF (NYSE:RSX) and the Market Vectors India Small-Cap ETF (NYSE:SCIF).

Forex play of the day: PowerShares DB Dollar Bullish (NYSE:UUP).

Bond play of the day: ProShares UltraShort 20+ Year Treasury (NYSE:TBT).