P.O.L.O. May be used in reference to what you would like to do to girls at parties without appearing to be a perverted nymphomaniac. It stands for:-
Wow I saw this P.O.L.O today. New model, Red with all the bells and whistles.
Actual Meaning: I saw this girl I'd like to f#ck, pretty young with red hair and soooooo fine.
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