How Much Time to Invest in Market Study?

IT LOOKS LIKE ALL THE BLOGGERS ARE TRYING TO CALL THE BOTTOM OF THIS BEAR MARKET--I THINK IT IS GOING MUCH LOWER THAN MANY ARE PREDICTING. I ALSO THINK GOLD AND GOLD STOCKS ARE GOING TO SELL OFF SOON.

"If you are ready and able to give up everything else, to study the whole history and background of the market and all the principal companies whose stocks are on the board as carefully as a medical student studies anatomy, to glue your nose at the tape at the opening of every day of the year and never take it off till night. If you can do all that and in addition you have the cool nerves of a great gambler, the sixth sense of a kind of clairvoyant, and the courage of a lion, then you’ve got a chance." Bernard Baruch, legendary investor and advisor to presidents.

I continue to want to make things simple. One or two trades each week. Good money management. I spent several hours trying to decide if end of day Esignal would benefit my trading style.

Palisades Research gives a 70% probability for an up S&P day tomorrow.