The Tail is The Snout.

The answer to the question - what is the meaning of chasing tail? - is that Self chases itself so not to be by itself. Now I am certain that, at first sight, man chases woman hence why woman is considered the tail. In reality however, there is no separation whatsoever. Man and Wo-Man are One desiring not to be alOne. Perhaps the above is completely irrelevant for every revelation revolves around Love. Love is the meaning of Life. Life is the Dance of Lovey Dovey.
~ Wald