Reading North American psychoanalytic journals in the 1990's, one gets the impression that we have come to an end of theory. While authors pay great attention to “enactments,” they appear uneasy about how to conceptualize these nonverbal or paraverbal interactions between the members of the analytic dyad. Concepts such as empathy, mirroring, self-object, and projective identification address interactions of the dyad but do not encompass a theory of “the analytic third,” as it has been called by Ogden.