Pronounced: Coo-lee Whoo-lee
1. Someone who thinks they did
something cool
and then acts like they're the shit.
OR
2. Someone who thinks they're just plain cool.
Examples:
1. Guy1: *Scores high in
Dragon Punch* (The game commonly seen at bars, where you punch
the fuckin thing to see how strong you are.) *........Walks away.*
Guy2: "...What a cooley wooley..."
2. Guy1: *Wearing a
cowboy hat or something faggish at a club*
Guy2: "...Hey, check out that cooley wooley."