This is pretty accurate. I've played along to it several times with these chords, 
and it sounds right. However, if anyone thinks there's something in here that's 
incorrect just leave a comment. 

I like to play it in drop D and do a full upward strum on the very first D 
of the progression. I think that's how they played it when recording. 


INTRO:
D 	 G 	 A 	 D 	 x2

D 	  	  	   G 	        A 	   D
I'm out here chasin' these rainbows that I need to find,

D 	  	       G 	    A        D      G     A
I go and Lord knows it kills me to leave her behind,

G 	  	  	 A 	  	 
She drew a low card when she gave me her heart,

     G 	  	      D
And sometimes it's hard to believe,

     Bm 	  	  	 A
That sweet little angel went and got herself tangled 

        G 	 A 	    D     D (1 upward strum)
In the arms of a cowboy like me


CHORUS:

        C 	  	  	      G 	  	  	 D
Well I know she deserves more than a drifter that lives for the lights,

C 	  	  	      G 	  	     D
Smokey bars and guitars don't make for no fairy tale life,

 	  Em 	  	  	   D
And every time I head home I think I'll find her gone,

 	   G 	  	  	  	 G
But she's still there and still wants to be,

       Bm  	 A 	    D     G     A
In the arms of a cowboy like me


VERSE 2: 


D 	  	  	  G 	  	    A          D
She's worn a hole in the carpet between the bed and the phone,

     D                    G        A             D
She worries about me when I leave until I'm back home,

 	      G 	  	  	     A
Cause there's down time for killin' there's whiskey and there's women,

       G 	  	  	D 	 
That's just right for feelin' a need,

       Bm 	  	  	     A
Oh but she's in no danger there's no room for a stranger,

       G 	 A 	    D
In the arms of a cowboy like me


CHORUS: 


       C 	  	  	      G 	  	  	 D
Well I know she deserves more than a drifter that lives for the lights,

C 	  	  	      G 	  	     D
Smokey bars and guitars don't make for no fairy tale life,

 	  Em 	  	  	   D
And every time I head home I think I'll find her gone,

 	   G 	  	  	  	 G
But she's still there and still wants to be,

       Bm  	 A 	     G   D 	 G 		 
In the arms of a cowboy like me------------- 	  	  	  	 

INSTRUMENTAL:

A G D G A

CHORUS:


   	   Em 	  	    D
Yeah every time I head home I think I'll find her gone,

 	   G 	  	  	  	 G
But she's still there and still wants to be,

        Bm      A         G
In the arms of a cowboy like me,

     Bm       A 	   D         G
The arms of a cowboy like me

  A         D           G     A     D
A Cowboy like me

END