Watch the My Sad Guitar: Rhythm 1 online guitar lesson by Andy Aledort from Jam Night Vol. 3
This eight-bar chord progression consists of two distinct four-bar sections: bars 1-4 feature a progression of Am-Am/G-D7/F#-F(maj7)-Am-G-D-E, with two beats sounded for each chord; bars 5-8 feature a progression of Am-C/G-D7/F#-F-Am-G-C-E. During bars 1-4, the Am/G can also be analyzed as C6/G, because the "pull" of relative major--C to Am--is strong. If you look closely at bars 1-4, you will see that the notes A, C and E, played on the top three strings, remain constants through each of the chord voicings. The picking technique employed is hybrid picking, as the pick is used to sound the lower strings while the pick-hand ring finger is used to fingerpick the higher strings throughout.