handbags
Derives from trying to type "Hahaha" with Swype on a touchscreen smart phone. The term is flexible and can be appended with other additions, such as "holy handbags" or "Oh my handbags."
Example:
Holy handbags, I just saw a homeless dude chug a whole bottle of MD 20/20, then grab his junk.
Holy handbags, I just saw a homeless dude chug a whole bottle of MD 20/20, then grab his junk.