ETFs to Watch May 16, 2012 (BOND, DUG, EDZ)

Here is the ETF Professor's ETF Watch List for Wednesday May 16, 2012. Silver's goose looks cooked so trade the ProShares UltraShort Silver

. Another obvious play: ProShares UltraShort Oil & Gas

. The ProShares UltraShort Real Estate

looks poised to breakout. Emerging markets plays of the day: WisdomTree Emerging Markets Equity Income Fund

, iShares MSCI Philippines Investable Market Index Fund

and the Direxion Daily Emerging Markets Bear 3X Shares

. Forex play of the day: PowerShares DB US Dollar Index Bullish

. Bond play of the day: PIMCO Total Return ETF

. Read more: http://www.benzinga.com/trading-ideas/long-ideas/12/05/2591706/etfs-to-watch-may-16-2012-bond-dug-edz#ixzz1uzOvisHP