A combination of the words quim and Caramello, the chocolate and caramel candy bar produced by the Cadbury company. Refers to an overproduction of vaginal fluids.
An e-quivalent is the online version of a thing or situation in the real world. Often used to compare novel things on the Internet to familiar things in the real world.
The e-quivalent to shouting is TYPING IN ALL CAPS.
"All this girl's facebook photos are of her kissing her boyfriend."
"So annoying. That's totally the e-quivalent to making out in public."