Phone 5

During a conversation on the phone, it is the act of simulating a "High 5" by pressing '5' on the keypad at the appropriate moment.

Joe: So where did you go with that girl last night?
Moe: Back to my place.
Joe: Brown chicken, brown cow?
Moe: You know it!
Joe: PHONE 5!!!
*Joe presses 5 key*

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