Satan. Tickle Me Elmo is a demon from the deepest pits of hell masquerading as an innocent children's toy. This is shown by it's insane fits of maniacal laughter whenever touched at all. If you find yourself in the same room as a Tickle Me Elmo, you should avoid all eye contact and should NEVER touch it. The best way to dispatch this demon to the fire from whence it came is to set it on fire, record it, and post the video on YouTube.
Whatever the media says that the "it" gift for the current holiday season is. Based on the 1996-onward craze for the "Tickle Me Elmo" doll, featuring the "Elmo" character from "Sesame Street." This US$30.00 toy was seen to sell for over US$1,000.00 due to extreme demand. Hence, any toy, game, or device that is supposed to be the "HOT" item for any given gift-giving season.
My son wants a drift-style scooter. I can buy kick-scooters by the dozen, but drift-scooters are this year's Tickle Me Elmo.