Pocket panic is the phenomenon of losing track of the whereabouts of some important item you carry on your person. Wallets, cash, identification, keys and cell phones are the items most likely to be misplaced and trigger an episode fo pocket panic.
After I got to my seat on the airplane, I had pocket panic because I couldn't find my keys, but my wife found them under my seat. They'd fallen out of my hip pocket.
by IP Frehley Again February 08, 2010