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1.
Saying that expresses a feeling of happiness, joy, or excitement. Also meant to be said while giving a "pound" Created and patented by Ryan Pazier.

NDPazier28: and i patent the phrase fucking right doggy
Goo Notre Dame!! Fucking Right Doggy!!!!
by Brek October 09, 2005
 
2.
An expression used after performing a type of sexual act on a female.
Girl: Mmmmmm....that was amazing....
Boy: Fucking right doggy!
by Anthony and Greg February 18, 2005