GERN: I won't. I just figure too many good stocks out there to play to mess with one that might give a chance of a dead cat bounce.
I'd rather make a play after a stock receives good news and sells off. That way once the sell-off is done, and if the price retreated to a previous level of "before the news", then you get a stock at the same price and with better prospects.
But that's my trading style. We all have to do what works for us. Many can do these dead-cat bounces well. Good luck if you do.
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.