Tomorrow morning, if the market reacts bullishly to the jobs report, I'd really prefer not to be caught with my pants around my ankles. It would make technical sense for the /ES to bust above 1107 and hit the target of 1140 (which we've all been anticipating for what seems like forever). I am long SPY with a position that represents a 1:4 long:short ratio in my portfolio, but it beats the heck out of 0:4 in case we have a rally.
