ETFs to Watch September 11, 2012 (DUG, FXP, SMH)

Here is the ETF Professor's ETF Watch List for Tuesday September 11, 2012:

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

Give the ProShares UltraShort Oil & Gas (NYSE:DUG) a look.

The Market Vectors Semiconductor ETF (NYSE:SMH) continues to struggle.

Emerging markets plays of the day: ProShares UltraShort Brazil (NYSE:BZQ), ProShares UltraShort FTSE China 25 (NYSE:FXP) and the iShares MSCI Malaysia Index Fund (NYSE:EWM).

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

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