The shearing sheet model of a galactic disk is studied anew. The theoretica
l description of its dynamics is based on three building blocks: stellar or
bits, which are described here in epicyclic approximation, the collisionles
s Boltzmann equation determining the distribution function of stars in phas
e space, and the Poisson equation in order to take account of the self-grav
ity of the disk. Using these tools I develop a new formalism to describe pe
rturbations of the shearing sheet. Applying this to tile unbounded shearing
sheet model I demonstrate again how the disturbances of the disk evolve al
ways into "swing amplified" density Raves, i.e. spiral-arm like, shearing d
ensity enhancements, which grow and decay while the wave crests swing by fr
om leading to trailing orientation. Several examples are given how such "sw
ing amplification" events are incited in the shearing sheet.