Something that is lame, bogus, or just plain not right.
Hocus bogus is always a negitive term, so it can't be used to denote something that is productive for the user.
RIGHT
-Yo I gotta work tomorrow through Thursday
-Dude, that's hocus bogus
WRONG
-Hey I don't have to work and they are paying me anyway
-Dude, that's hocus bogus
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