Meaning of "New Pony" by Bob Dylan

The lyrics of "New Pony" by Bob Dylan seem to be grappling with the complexities of relationships, both past and present. The juxtaposition of the sweet yet dangerous Miss X with the new pony who exudes a sense of mystery and possibly even darkness, reflects the singer's ambivalence towards love and connection. The old pony Lucifer represents a painful past that had to be let go, while the new pony symbolizes the allure of something new and exciting but potentially harmful. The references to voodoo and supernatural elements add an eerie layer to the lyrics, hinting at hidden desires and fears within relationships. Overall, the song conveys a sense of unease and uncertainty when it comes to matters of the heart, blending elements of attraction and danger.