^_^ is an emoticon expressing joy, it is nither homosexual nor sexist in any way shape or form. It is most used in anime circles, along with variations including but not limited to ^_^;; @_@ >_< >_> <_< 0_0 0.0 =^_^= =^.^= 0o0 etc...
by KaimanaKenshin December 02, 2003
A symbol for happiness or joy. Derived from the cliched way that anime characters are drawn when they are happy. A favorite symbol of the Wapanese, fanboy, or otaku.
by otaku killer June 14, 2003