A Head fake occurs when player moves the head to fake a change in direction.
In financial markets, a head fake is where the market appears to be moving in one direction but ends up moving in the opposite direction. For example, the price of a stock may appear to move up, and all indications prior to that are that it will move up, but shortly after reverses direction and starts moving down.
Head fakes are often caused by market makers who place bids and asks in such a way that they cause the apparent (fake) trend in order to later profit from it.
In his "Last Lecture," titled "Really Achieving Your Childhood Dreams" (at Carnegie Mellon on September 18, 2007), Randy Pausch extensively refers to "head fakes" during his speech.
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Famous quotes containing the words head and/or fake:
“A king’s head is solemnly oiled at his coronation, even as a head of salad.”
—Herman Melville (1819–1891)
“After all, it is hard to master both life and work equally well. So if you are bound to fake one of them, it had better be life.”
—Joseph Brodsky (b. 1940)