An alternative psychoanalytic theory of affect is presented. It is suggested here that affective response consists of rapidly repeated generation of a series of brief responses each enduring for fractions of seconds, continuing over whatever period conscious or unconscious focus on a specific mental content is maintained. The subjective impression, however, is that of a continuous steady state. The experiencing of affect is, in this way, similar to that of sensory process experience in general. Affect cannot store. Since affect does not store, there is no damming of affect and no requirement for affect expression or discharge. A sequence of theoretical ramifications and elaborations results in a redefinition of the classic neuroses and some other disorders. Extensive paths of implications of affect actualities and affect dynamics are suggested as impinging on various aspects of human psychology.