The opposite of w00t
Can be modified with either 'high' or 'low' to indicate the precise level of negative-wootage. A 'high n00t' implies a bad situation which may nevertheless have a humourous or redeeming quality to it.
Person A: "You know how we mocked that guy selling quadbikes? Well, now he's run over your family. And somehow you owe him 25 dinars."
Person B: "n00t."
Person C: "I just got arrested for setting fire to President Mugabe!"
Person D: 'high n00t!"