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.
In his "Last Lecture" titled "Really Achieving Your Childhood Dreams" (at Carnegie Mellon on September 18, 2007), Randy Pausch refers extensively to "head fakes". Pausch uses "head fake" to explain learning points; like "playing football" as a head fake. Parents encouraging their children to play football is not really about becoming a football star he says, it is also about collaboration and socializing. His concluding remarks (last 3-4 mins) presents the final head fake of the lecture.
- Wissel, Hal (1994). Steps to Success. ISBN 0-7360-5500-2.
- Fontanills, George A. (2007). Getting Started in Commodities. John Wiley and Sons. p. 202. ISBN 0-470-08949-0.
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