ETFs To Watch March 25, 2011 (ALD, EFZ, IDX, REMX)

Here is the ETF Professor's ETF Watch List for Friday March 25, 2011.Let's how much of a drag Research In Motion's (Nasdaq: RIMM) is on the Nasdaq with the ProShares UltraShort QQQ (NYSE: QID).A pair of European plays: iShares MSCI Germany Index Fund (NYSE: EWG) and the iShares MSCI Spain Index Fund (NYSE: EWP).There are plenty of reasons to keep an eye on the WisdomTree International Energy ETF (NYSE: DKA).The Market Vectors Rare Earths/Strategic Metals ETF (NYSE: REMX) has been on fire as of late.Emerging markets plays of the day: Direxion Daily Emerging Markets Bull 3X Shares (NYSE: EDC), Market Vectors Indonesia ETF (NYSE: IDX) and the ProShares Short MSCI EAFE (NYSE: EFZ).Forex play of the day: CurrencyShares Canadian Dollar Trust (NYSE: FXC).Bond play of the day: WisdomTree Asia Local Debt Fund (NYSE: ALD).