Similar to an army salute, however, the person salutes by creating a space between your index and middle finger. The salute is given to a person who is acting like a "poon", aka pussy.
Joey asked for the bartender to give him more cranberry juice in his cranberry and vodka. Ben, laughing at him, gave him the poon salute and told him to man up.
by Benny23322 March 06, 2008