Here is the ETF Professor's ETF Watch List for Thursday October 18, 2012.

Earnings plays: Guggenheim Airline ETF (FAA) and the iShares Dow Jones Transportation Average (IYT).

The First Trust Dow Jones Internet Index Fund (FDN) should be worth a look.

Keep an eye on the Consumer Staples Select Sector SPDR (XLP).

Emerging markets plays of the day: Global X FTSE Colombia 20 ETF (GXG), SPDR S&P China ETF (GXC) and EGShares India Small-Cap ETF (SCIN).

Currency play of the day: ProShares UltraShort Euro (EUO).

Bond play of the day: Market Vectors High-Yield Muni ETF (HYD).

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