New answers tagged jerga
It means What's up. It's just like saying Ya tu sabe.
Regarding the use along the Tex/Mex border, that seems a bit of a stretch. It's not meant to be used to impress a woman in a courting relationship. The other reference above to "Está de pelos" is considered somewhat vulgar as well, as shouldn't be used in polite company. I'm married to a Mexican woman who is from just south of the US/Mexico border, ...
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