to be crazy, out of control, wild. not having a care in the world and partying nonstop.
Boy 1: Did you hear about Julie's party?
Boy 2: Yeah, man. I heard that it was Kray Kray.
Boy 1: I wish i was invited. But only Kray Kray people like Amanda and Julie were.
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.