ETFs to Watch October 11, 2012 (EFZ, SDS, YCS)

Here is the ETF Professor's ETF Watch List for Thursday October 11, 2012.

Inverse play of the day: ProShares Short MSCI EAFE (NYSE:EFZ).

Monitor Europe with the First Trust STOXX Euro Select Dividend Index Fund (NYSE:FDD).

Index play of the day: ProShares UltraShort S&P500 (NYSE:SDS).

Emerging markets plays of the day: Direxion Daily China Bear 3X Shares (NYSE:YANG), ProShares UltraShort MSCI Emerging Markets (NYSE:EEV) and the iShares MSCI Chile Investable Market Index Fund (NYSE:ECH).

Forex play of the day: ProShares UltraShort Yen (NYSE:YCS).

Bond play of the day: PIMCO Total Return ETF (NYSE:BOND).