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1.
To be sad, dispondent, tired, bored, easily agitated, and all around unhappy. Similiar to the term blah. Most often associated with pre-menstrual syndrome or a feeling of general un-ease.
"Man, I sure feel loagy today."
"Wow! Could she be anymore loagy?"
"Jen's been a little loagy lately."
by "Cuba", "El Conquistador" July 10, 2008
 
2.
Somebody who reckons that they have a six pack, walks around saying 'look at my sixpack', But then it actually turns out that he is gay and fat.
-'Hey, look at that loagy over there!'
-'Stop pointing at me!'
by Vazti October 24, 2005