The opposite of a Chaloopa which means iron butthole (another word to describe a Heterosexuals..*sigh*). Paloopa's are stereotyped by their odd gestures, feminine traits, constant shaking off the anus and was coined by a kid named Tauree Campbell. While sounding idiotic and really stupid, it has somehow found itsway to Suburban america in which Teenagers now use it as a regular insult.
The hottest ocean party that happens each summer off the coast of Westbrook, Connecticut at Duck Island. Absolute craziness, hundreds of boats raft up to each other and the girls are sexy. If you aren't there, you're missing out. Basically, it's just a reason for everybody to get hammered.
Go to YouTube and type in Duck Island Palooza to check out the videos!
"I got so dipped at Duck Island Palooza last summer...I couldn't even drive my boat home."
"I hooked up with so many girls at DIP this year...safe to say I got DIPPED!"