Can you streak your hair with lipstick?

No, this would create a real mess. Lipstick is an oil base, and made so that it does not dry. You will find yourself with lipstick streaks on your face, clothes, and furniture. There are actually mascaras made just for streaking your hair if you do not want to streak it with actual dye. Just do a quick search for "Hair Mascara" and you will find what you need.