Usually followed by a joke or an untruth to show you were just kidding; it's kind of like saying "I'm just yanking you're chain"
Guy 1: "Hey man, you're girlfriend gave me head last night"

Guy 2: "What?! Are you serious?!"

Guy 1: "Nah, I'm just pissing on you're tits haha"
by Ry'and'seabass July 31, 2010
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Telling someone you understand what they are talking about.
George: After you wash the car you need to feed the dog and take out the cat.

Bill: Ok George, I'm picking up what you're putting down!
by PirateEyeZ May 21, 2008
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Used to say "I understand", but in a slightly more ghetto way.
White Friend- Do you understand?

You- I'm pickin' up what you're puttin' down!
by KILL_EM_ALL1981 August 24, 2010
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I'm OK, but you're fucked

A way to say goodbye when the ship is sinking
and you have the only lifejacket.
CAPTAIN: "We're taking on water faster than I can pump."
MATE: "Well, I guess I'M OK, BUT YOU'RE FUCKED.!"
by Chingo Bellamongo October 13, 2006
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I'm not crying you're crying

Some overly clichéd phrase people say to express that they are emotionally touched.
Emotional movie ending: *exist*
Someone: I'm not crying you're crying
Me: *rolls eyes*
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To understand the concept that someone is trying to convey.

A phrase to use when you want to let the other person know that you understand what he/she is talking about and they can stop trying to explain it.
Dude: So, the carburetor and the pistons...

Me: I'm smelling what you're cooking
by Nole69 June 13, 2009
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You understand what the other person is saying/proposing.
A: "We should go order some pizza"
B: "I'm wearing what you're knitting."
by thisisacodename May 13, 2015
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