Playing the contrary trade

The news and investment community is so bearish that some would say the market is a buy. This is what is happening today and we thought about doing it ourselves. In the end; to buy just because everybody is so negative, isn't always a good strategy. Sure we have used it many times and the payoff can be large. That is why we decided to let the market reverse, go up, and then put a short on. A twisted game. I find it hard to believe the down trend is fully over just yet. Today seems like a good time to try a short with tight stops.