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this term is based off of "pocket change" and is used similarly but in reference to time rather than money.
if someone asked you if you could afford a new lexus you might reply, "pocket change, fool." so, if someone asked if you had enough time to run to wal-mart and pick up some toilet paper you could say, "pocket time" which would be synonymous with saying, "of course."
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The time it takes for a hot pocket to finish cooking in the microwave...usually 2 minutes.
Jimmy said he'd be back in pocket time, but it's already been 5 minutes.
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When ones depressed, or is having a mood swing. and everything seems to suck.
Man today sucks, im having a down pocket time
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The time when you 'put someone in your pocket' or in other words - find then extremely cute and want to protect them at all cost.
"omg stay, you're so adorable, pocket time rn."