ETFs To Watch March 2, 2011 (DOG, EGPT, FXY, SIVR)

Here is the ETF Professor's ETF Watch List for Wednesday March 2, 2011.

It looks like if you're going to be long something, it might as well be silver: ETFS Physical Silver Shares (NYSE: SIVR).

If we see another down day, try the ProShares Short Dow30 (NYSE: DOG) and the ProShares UltraShort S&P500 (NYSE: SDS).

Oil plays: U.S. Oil Fund (NYSE: USO) and the ProShares DB Oil (NYSE: DBO).

Emerging markets plays of the day: Market Vectors Egypt ETF (NYSE: EGPT), Direxion Daily Latin America Bear 3X Shares (NYSE: LHB) and the Direxion Daily Emerging Markets Bear 3X Shares (NYSE: EDZ).

Currency play of the day: CurrencyShares Japanese Yen Trust (NYSE: FXY).

Bond play of the day: iShares Barclays 20+ Year Treasury Bond ETF (NYSE: TLT).