What is Coolo?
1.
Coolo - is the misspelled pronunciation of the spanish word culo wich means ass, so when somebody is called a coolo that doesn't really mean something cool.
Sarcasm - you are so cool that im going to call you a coolo.
Insult - you are a big stinking coolo.
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2.
a derivative of "Cool"
also in 1337:
k0010
man that is so coolo
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3.
a perversion of both the english word cool and spanish word cuelo, meaning ultimate coolness, 
Sealab 2021 is very coolo.
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Random Words:
1. 
Quickly switching between the hand gestures for Goatseand Mr. Hands. In some cases, the gesture for fisting lessons may be included.
Di..