Playing the S&P500 1100 Resistence

We think the 1100 level will be very difficult to overcome. We will use the opportunity today to try and play a quick short on the financials. The market continues to act in strange moves that seem to come from left field. One day it's the end of the world and the next day everything is getting better. There was very aggressive treasury buying yesterday. Not sure if this is a capitulation buy- if it was then stocks could continue to move higher. Dangerous trading in here. We tend to favor the short side and will keep a close watch on our position.