This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Generation X, It's Your Turn to Live in the Past

It was also only the start of a very chromed-out, slicked back wave of this kind of schlock that stretched through films like Diner, Grease, Hollywood Knights and The Wanderers and into television shows like Sha Na Na and Happy Days.

Well, Generation X, now they're playing you for the same brand of suckers, only trading in those monochrome denims for some stone wash, leather jackets for some flannel and Matchbox 20 and Chumbawamba for The Beach Boys and Del Shannon.

Don't believe me? Well remember all those doo-wop reunion shows your parents used to go to at the local outdoor shed venue during the summer or those Beach Boys and Crosby, Stills and Nash reunions with "golden circle" seating that cost as much as their first car? Well change those sheds and arenas to cruise ships, swap in 311, Sugar Ray and hair metal acts and consider yourself targeted.

Oh, and throw in acts like Weezer, The Pixies, Matthew Sweet, et al., playing concerts consisting only of albums you bought more than 20 years ago and filmmakers devoting whole retrospective documentaries to A Tribe Called Quest, The Sex Pistols and Metallica and it might be even worse.

So how did Generation X get from there to here? How did a group painted as nonchalant, smarmy slackers become so willing to take any bit of industry-made memorabilia thrown its way? We could draw some clumsy parallel between the horrors of the 1960s and the 9/11 attacks, two wars, charged political climate, Occupy Wall Street protests and other happenings of the last 15 years or so, but it's just not the truth.

The fact is Gen X came into itself in a hurry and, in some cases, made itself a quick pile of expendable income faster than the boomers that came before. Granted, it came during a tech bubble and housing bubble that led to disastrous financial consequences for the rest of the country in each case, but it gave them the kind of cash that's easily spent on 20th Anniversary multidisc re-releases of old Nirvana albums, $20 180-milligram vinyl re-releases of Replacements and Wu-Tang Clan records, $1,500 Ms. Pac-Man/ Galaga arcade cabinets and $18 tickets to a 3-D rendering of a foot-stomping, water rippling T-Rex scenes they've seen numerous times.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CMCSA $59.39 0.41%
AAPL $128.46 -1.50%
FB $78.94 -1.80%
GOOG $558.40 0.53%
TSLA $203.45 -1.80%


DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs