Fake Left, Go Right

Days like this are tough and they make me want to rethink my strategy.  It is not easy to be a contrarian investor.  The S&P 500 is hovering around 1300 and emotionally it feels like this will never change.  Rationally, however, I know better.   The primary function of the markets are to ensure that the majority of participants (i.e. amateur investors) lose money.  Therefore, before the markets make a major move down, they will first make a major move up.  That way, the majority of people will be fooled into covering their shorts and going long stocks.  I believe that we are nearing the end of a massive head fake up.  This is similar to basketball.  If a player wants to go to this right, he will first fake to the left in order to get his opponent off balance.  He is then free to go to the right which is the direction he intended all along.   Sometimes it feels like the market will never drop, but my rational mind knows better.