Wave

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Wave

A short-term movement that goes against the general trend. For example, if the DJIA rallies on a given trading day but overall is in the midst of a prolonged bear market, the rally is called a wave against the bearish tide.
References in periodicals archive ?
Shepshed were denied a penalty in the 40th minute when Master, after beating a defender inside the area, was tripped but appeals were waved aside.
Referee Pearson waved aside all the protests but later in the half booked Bury's Paul Reid and Wigan's Pat Mc Gibon for hand ball.
With arrogance only seen inside the marbled halls at MTA's ``Taj Mahal'' headquarters, transit officials waved aside the allegations, claiming the intent of the law was to make sure the Valley got a subway stop, which it will when the Metro Red Line's North Hollywood station opens.
Barely an hour gone and we had two penalty shouts waved aside.
Friend also waved aside two strong appeals from QPR for penalties, but the most clear cut was the foul on Bothroyd.
Glenavon held the whip hand in the second half and after Turkington waved aside another penalty claim, Hamilton struck the winner.
Irish ref Peter Fitzgibbon waved aside strong claims for obstruction when Xavier Rush broke clear.
Raith took the lead on 24 minutes when Andy Tod swept the ball home but six minutes later Ian Little equalised after referee John Underhill waved aside Rovers' claims that keeper Chris Fahey had been fouled.
Soon after the break Arsenal old boy Kevin Campbell had a strong appeal for a penalty waved aside by referee Jeff Winter, despite Stepanovs having sent thebig striker tumbling as he clutched his opponent's shirt.
Heated protests were waved aside but Racing keeper Matt Tucker performed heroics by diving to his left and brilliantly blocking the well-struck spot kick from Les Hines.
County were caught on the break and Mark Warrens' desperate challenge sent Phil Gray flying inside the area, but referee Tony Leek waved aside their appeals - a decision that hardly endeared the official to irate visiting players and fans alike.