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I believe this is the last Dylan tune for a while. This song becomes very special for Brian and Liz and when he gives her a ring as a gift, he quotes it. "She's got an Egyptian Ring that sparkles before she speaks." Liz keeps that ring on her index finger throughout everything. She never takes it off, even when she thinks she hates Brian so much she can't see straight! The reason for that is never listed in the book but I chalk it up to the fact that she was very happy in her life when he gave it to her. She was happy with everything around her and nothing bad had really touched her life yet. This song is sweet, simple, and charming. It is the upside of love. Like the ring, it symbolized the best of times.