Yes, indeed, when I say I can teach you how to make your hands produce sounds you never thought possible! It is a simple techinque that is incredible useless but so entertaining like 5:00 News!

1.The Classic!
Diffucult level: Easy
Step1. Clasp both hands together so that your right thumb, is below your left thumb and your right hand's fingers are are resting on the space between your left hand's thumb and fingers.
Step2. Make sure there is air between the two hands and that you have formed a seal EXCEPT the gap between your thumbs which is small.
step3.
Squeeze with both hands at the same time to force the air out the small hole producing a squeak or pop.
May require many trys to perfect! Don't give up!
2. The Bad Taco!
Diffucult Level: Easy
step1. Assume the classic's hand position.
step2. This time push your right thumb up so it seals the small air gap and should leave a small air gap at the bottom of your palm.
step3. Squeeze hands to force air out the hole producing a watery, direahrea type sounding noise.
3.The Criss-Cross!
Diffucult Level:Medium
Step1.Bring your hands together in a pray manner with the tip of your fingers and thumbs all touching the opposite hand's tips.
step2. Spread your fingers open but with the whole hand and tips still touching.
step3.Then move either of your hands so the fingers would be able to pass through your finger gaps.
step4. Try to keep your palms sealed together to keep air flow out then move all your fingers down while pulling the seal apart with your hands creating a pop or pulling pop sound.

I ran out of room, but if you guys want more, let me know!
-Matthew