Wow, I've never really used symlinks that much before, but this is really boggling:
bash-3.2$ echo "weird" > original.txt
bash-3.2$ mkdir originals
bash-3.2$ mv original.txt originals/
bash-3.2$ cat originals/original.txt
weird
bash-3.2$ mkdir copies
bash-3.2$ ln -s originals/original.txt copies/copy.txt
bash-3.2$ cat copies/copy.txt
cat: copies/copy.txt: No such file or directory
bash-3.2$ ls copies/copy.txt
copies/copy.txt
bash-3.2$ ls -l copies/copy.txt
lrwxr-xr-x 1 zach staff 22 Dec 22 01:23 copies/copy.txt -> originals/original.txt
bash-3.2$ cat originals/original.txt
weird
bash-3.2$ cat copies/copy.txt
cat: copies/copy.txt: No such file or directory
bash-3.2$ cd copies/
bash-3.2$ cat copy.txt
cat: copy.txt: No such file or directory
Why can't I cat the symlink in the copies directory?
If I make the symlink from inside the copies/, I can cat it just fine. If I make the symlink in the current directory, I can also cat it just fine. If I make the symlink in the current directory and then move it to copies/, I get "copies/copy.txt: No such file or directory".