If only timing the market was that easy. Your best bet is to ignore the noise and follow the steps in the Prime Directive.

More on market timing:

• Warren Buffett: "to buy or sell on current news is just crazy"

• Burton Malkiel, author of A Random Walk Down Wall Street: "market timing is dangerous"

Remember that you're investing for the next 30-40 years, not trying to predict the Dow next week, next month, or next year.