The state of preparing yourself for what could possibly occure but will never happen.
The state of having a loaded gun under your pillow for when the clowns come to eat you. "CAN'T SLEEP... CLOWN'S WILL EAT ME. CAN'T SLEEP... CLOWN'S WILL EAT ME."
My grandmother made me so preparanoid that we were going to be homeless this Christmas, that I totaly forgot about wanting presents.