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:
“What lips my lips have kissed, and where, and why,
I have forgotten, and what arms have lain
Under my head till morning; out the rain
Is full of ghosts tonight,”
—Edna St. Vincent Millay (1892–1950)
“So cheat your landlord if you can and must, but do not try to shortchange the Muse. It cannot be done. You can’t fake quality any more than you can fake a good meal.”
—William Burroughs (b. 1914)