I'm always chasing rainbows
Watching clouds drifting by
My schemes are just like all my dreams
Ending in the sky

Some fellows look and find the sunshine
I always look and find the rain
Some fellows make a winning sometime
I never even make a gain, believe me

I'm always chasing rainbows
Waiting to find a little bluebird in vain

Some fellows look and find the sunshine
But I always look and find the rain
Some fellows make a winning sometime
I never even make a gain, believe me

I'm always chasing rainbows
Waiting to find a little bluebird in vain