Throughout the song, Phoebe Snow uses imagery and metaphor to describe her emotions an internal conflict. She refers to the two partners as "waves" and "mountains" and express her feeling of being "caught in the currents" of her desire for both of them. The chorus emphasizes the idea of being at a crossroads, with the singer repeating the line, "Either or both, which will it be, either or both?"
Ultimately, the song leaves the choice unresolved, as the singer doesn't explicitly choose either partner. Instead, it capture the uncertainty and complexity of trying to make such a decision, offering a raw glimpse into the messy realities of human desire and relationships.