The nursery rhyme may be referring to the fact that power series are "very, very good" within their radius of convergence (absolute convergence, term-by-term differentiation and integration, uniform convergence, etc.) while they diverge outside the radius of convergence (which is "horrid" as far as series are concerned).
The curl in the middle of her forehead may be referencing the boundary of convergence; on one side, it's very nice while on the other side, it's horrible. (It's also a possibility that it's simply part of a preexisting rhyme, as @Blue puts it.)