[Verse 1]
Yellow Rose, Waco Moon
Quit too late, died too soon
Woman with a needle and a silver spoon
Holed up singin' the devil's tune
Payin' your dues playin' the blues
Speedin' your young life away
I never will get over what I heard about you
First thing, New Year's Day

[Verse 2]
I can't say I felt so sad
The truth is, I think I'm mad
At the selfish way you left your dad
When you know what a hard luck time he's had
Sleepin' through a dream come true
You just threw all that talent away
I never will get over what I heard about you
First thing, New Year's Day

[Chorus]
Oooh, slippin' away
Oooh, New Year's Day

[Verse 3]
I threw the phone against the wall
Fallin' apart when I got the call
Went out walkin' with the weight of it all
That's when it hit me like a waterfall
I'm playin' the blues payin' my dues
Speedin' my young life away
I never will get over what I heard about you
First thing, New Year's Day
[Chorus]
Oooh, slippin' away
Oooh, New Year's Day

[Outro]
Yellow Rose, Waco Moon
Quit too late and you'll died too soon
To the bitter end so tried and true
Goodbye my friend, we'll be missin' you