Recently I've been successfully trading NASD stock intraday bottoms, specifically double and triple and quadruple bottoms. I'll wait for a drop to the bottom accompanied by a volume surge, and then, if and when the NDX starts ticking back up, go long as close to the bottom as possible. Certain stocks will hit the same bottom a couple or even several times a day, and I mean the same bottom TO THE CENT. Stop is placed one or two cents below the bottom. Average gain is 5 - 10 cents per share, win/loser ratio about 3 to 1. Once I'm in the money I set a trailing stop so that ideally I get out at no worse than breakeven should the trade reverse. Anyone else doing this successfully on a regular basis? I keep hearing that trying to trade bottoms is very dangerous, especially if the longer trend is down, but I've been having success with stocks that are in a downtrend as well.