ETFs To Watch February 24, 2011 (BZQ, DIG, TYP, GXG)

Here is the ETF Professor's ETF Watch List for Thursday February 24, 2011. It would seem, but it's an also an earnings play, that being the Oil Services HOLDRs (AMEX:

OIH

). The ProShares Oil & Gas (NYSE:

DIG

) is also worth watching as oil continues its ascent higher. Let's try one more day short tech with the Direxion Daily Technology Bear 3X Shares (NYSE:

TYP

). The Guggenheim Airline ETF (NYSE:

FAA

) is in big trouble. Emerging markets plays of the day: ProShares UltraShort Brazil (NYSE:

BZQ

), Global X/InterBolsa FTSE Colombia 20 ETF (NYSE:

GXG

) and the Market Vectors Russia ETF (NYSE:

RSX

). Let's repeat the forex play of the day with the CurrencyShares Swiss Franc Trust (NYSE:

FXF

). Bond play of the day: iShares S&P Conservative Allocation ETF (NYSE: