Guillaumin sees in the dream a function similar to that of the fetish, in that the dream attempts to make up for a narcissistic threat of loss and separation involved in change, particularly in somatic change. He examines the fetishistic use of the dream in therapy and the seduction of the analyst by it. The Dora case is reviewed with the suggestion that Freud's enthusiastic interest in Dora's dreams may have contributed to his difficulties with the case. Guillaumin attributes the capacity of the dream to assume the function of a fetish to its singular and uncanny position in waking life and to its visual and representational aspects. An emphasis on the visual is also characteristic of the fetish. The specific transformation involved in the dream is the change of the experience of time (and changes through time) into spatial experiences. Guillaumin correlates this hypothesis with some themes developed by Lewin. A fetish has precisely the function of denying the limitations and narcissistic threat of castration. The dream similarly attempts