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"Or I Could Be Totally Wrong About This"

An acronym used as a disclaimer—usually postscript—on a speculative piece of writing to show that the writer is admittedly talking out of his ass.
Apple's stock declined for the first time before a new iPhone announcement. This probably means that people don't care about iPhones anymore and Apple is doomed without Steve Jobs. OICBTWAT.
by WerriamMebster October 26, 2015
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