Palchin means a moment . Further Defined as a beautiful moment one could ever dream of , a palchin is someone who love living and interact with life very often
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.