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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.
"Oh fooly wayne! That mfer caught that ball wit one hand!"

"Shut yo fooly wayne ass up mfer."
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