1 definition by losershot
In market trading, a situation where a market appears to be moving in one direction but suddenly reverses.
The price of equities increase, and all indications prior to that are that it will increase, but shortly after reverses direction and lowers.
"Sept 28th was a major head fake, equities fell substantially the remaining month."
"Sept 28th was a major head fake, equities fell substantially the remaining month."
by losershot September 29, 2009