In this paper, I have discussed various elements of the supervisorial situation, with a focus on the transference and countertransference reactions of the supervisor and supervisee. I have reviewed how an understanding of the supervisorial situation has evolved and how it is now useful to look at interactive factors between supervisor, supervisee, and patient. I have expanded on how many models of psychoanalytic process have their counterparts in the supervisorial process. In addition, I have outlined extrinsic factors in diagrammatic form to show how the supervisorial process is influenced by the training analyst and the Institute. In the spirit of Ted Jacobs's expanding our thinking about the analyst's use of his emotional reactions to understand his patient, I have applied analogous thoughts about how the supervisor, through self-inquiry, can expand his thinking about the supervisorial process.