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.
Read more about Head Fake: See Also
Famous quotes containing the words head and/or fake:
“Man is the head of the family, woman the neck that turns the head.”
—Chinese aphorism.
“The childless experts on child raising also bring tears of laughter to my eyes when they say, I love children because theyre so honest. There is not an agent in the CIA or the KGB who knows how to conceal the theft of food, how to fake being asleep, or how to forge a parents signature like a child.”
—Bill Cosby (20th century)