Monkey-monkey is an act where a father (if they are around) will wrestle with their son, often winning and then proceeding to torment the child, in hopefully legal ways, whilst they are locked into position from the father's overwhelming strength. These methods consist of dropping spit onto their face, bending limbs in never before imagined ways, etc.
2. an alternate state of consciousness in which one can both covet and despise the same object, idol, concept or place. may also apply to mommy, daddy, ABCs, elmo.