* Ralphie delivering a brutal NoHoldsBarredBeatdown to Scut Farkus.
* Mrs. Parker breaking the lamp and then telling the Old Man off about it.
--> '''Mrs. Parker:''' "That thing is the UGLIEST lamp I have ever seen in MY ENTIRE LIFE!"
** What's even more awesome is that even after the "Battle of the Lamp", both Mrs. Parker and the Old Man buried the hatchet and went on with their lives together.
** In the book In God We Trust, All Others Pay Cash (which parts of this film is taken from) Ralphie remembers his parents actually sharing a laugh over the whole thing sometime later.)