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:
“If I were as I once was, the strong hoofs crushing the sand and the shells,
Coming out of the sea as the dawn comes, a chaunt of love on my lips,
Not coughing, my head on my knees, and praying, and wroth with the bells,
I would leave no saint’s head on his body from Rachlin to Bera of ships.”
—William Butler Yeats (1865–1939)
“Kitsch is the daily art of our time, as the vase or the hymn was for earlier generations. For the sensibility it has that arbitrariness and importance which works take on when they are no longer noticeable elements of the environment. In America kitsch is Nature. The Rocky Mountains have resembled fake art for a century.”
—Harold Rosenberg (1906–1978)