look up any word, like pussy:
 
1.
A slang term with a positive and negative connotation.

In the positive tense, it is used as an expression and is used also as a description.

In the negative tense, it is used as a derogatory name for oneself. It would be parrallel to dummy, stupid, retard, lame ass, duck.
Positive:
"Oh fooly wayne! That mfer caught that ball wit one hand!"

Negative:
"Shut yo fooly wayne ass up mfer."
13 8
 
2.
It is a tip drill. Freak, and or girl who goes live.
Man we was in the room with that foolywayne for bout 3 hours.

Man You ain't got no fooly wayne we can knowck down.
by James Lucas February 13, 2008
2 3