ETFs to Watch October 29, 2012 (ASEA, SQQQ, UUP)

Here is the ETF Professor's ETF Watch List for Monday October 29, 2012.

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

The ProShares UltraShort Oil & Gas (NYSE:DUG) will be in play this week.

The WisdomTree Global ex-US Utilities ETF (NYSE:DBU) could be offering some value for conservative investors.

Emerging markets plays of the day: iShares MSCI Brazil Index Fund (NYSE:EWZ), Market Vectors Indonesia Small-Cap ETF (NYSE:IDXJ) and the Global X FTSE ASEAN 40 ETF (NYSE:ASEA).

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

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

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