Lexi's mom, you've just describe Trace's favorite toy. He has a pink, fuzzy pony tail holder that we used to take away from him (usually just placing it on a table, he'd get up there to get it back). He plays by himself with this thing...carrying, tossing, chasing...for hours on end. 
Finally we resigned to ourselves....it's 
his hair tie and let him enjoy it.
Btw, he has a whole toy box FULL of dog toys that he'll paw and nose through UNTIL he finds that stupid hair tie 
