Mooning someone and spreading your cheeks so they can see your 'redeye'. The 'bark' means to fart while your cheeks are spread.
Note: If you accidentaly shit on the floor during the Barking Redeye, your buddies reserve the right to tell everyone you know, especially women.
I stood over my roommates bed and gave him a Barking Redeye first thing in the morning.
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