Here is the ETF Professor's ETF Watch List for Thursday November 15, 2012.

Index play of the day: ProShares UltraPro Short QQQ (SQQQ).

The ProShares UltraShort Oil & Gas (DUG) is starting to look appealing.

Keep an eye on the Direxion Daily Small Cap Bear 3X Shares (TZA).

Emerging markets plays of the day: ProShares UltraShort MSCI Brazil (BZQ), iShares MSCI South Africa Index Fund (EZA) and the iShares MSCI Investable Market Index Fund (EWW).

Forex play of the day: PowerShares DB Dollar Bullish (UUP).

Bond play of the day: ProShares UltraShort 20+ Year Treasury (TBT).

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