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The Gatsby Effect 

When the subject becomes wrapped up in feelings that are dictated by the need for an unobtainable dream. The person can seem incredible irrational and borderline obsessive. The subject may or may not be aware of dream being unattainable. If they are aware, a dilemma most often will occur in regards to pursuing the goal or dropping it. While one answer seems correct to outside people, they will seem equally as hard to the subject.
'Why doesn't Fred just stop talking to Sally. He has to know nothing is there for him. He is simply wasting his time trying hook up with her again. Ok, maybe they had something 7 years ago but come on he just needs to move on'

'He is a classic example of The Gatsby Effect.'

drop the great gatsby 

to drop the great gatsby on someone is beat the everliving crap out of them.
"Just give me the word, and I'll drop the Great Gatsby on him."

The Great Gatsby 

One of the greatest pieces of literature of all time. A timeless classic that tells the story of a man, James Gatz, who has an undying dream, a desire for a love that he will never have. Written by F. Scott Fitzgerald, this book is said to be a parallel of his life.
"Gatsby believed in the green light. The orgastic future that year by year recedes before us. It eluded us then, but it's no matter. For tomorrow we will run faster, reach our arms out farther. Then on one fine day, so we beat on, boats against the current, we are borne back into the past"- A closing line in the masterpiece novel, The Great Gatsby.
The Great Gatsby by Matt April 25, 2005

The Great Gatsby 

While having sex, at the moment of orgasm, you stare deep into your partners eyes; with a serious face you yell "Old Sport!"
woman: "Oh!?"

man: "OLD SPORT!"

"The Great Gatsby"
The Great Gatsby by Co. Zombie July 14, 2013

The Great Gatsby 

A sexual position in which one reaches out and misses.
Tom: Hey Daisy, how was your date last night?

Daisy: It was over as soon as he tried to do The Great Gatsby.

The Great Gatsby 

F Scott Fitzgerald's classic book. The story of a man Jay Gatz, Daisy, the woman he loves, and Tom, Daisy's arrogant husband. Told from the perspective of Gatsy's neighbor, Nick.
The story reflects the cultural distinction between the upper and lower class during the 1920's in America.
"Nobody know what compelling Jay, the Great Gatsby as he was called, but all were glad to attend his wonderful parties."
The Great Gatsby by NeroMan August 24, 2003