“Contemplation of one’s navel.
[From Greek omphalos (navel) + skepsis (act of looking, examination).
Ultimately from the Indo-European root spek- (to observe) which is also the ancestor of suspect, spectrum, bishop (literally, overseer), despise, espionage, telescope, spectator, and spectacles.]
Today’s word in Visual Thesaurus: http://visualthesaurus.com/?w1=omphaloskepsis
-Anu Garg (words at wordsmith.org)