The author examines the countertransference theory and technique of Thomas Ogden, beginning with the necessary background theory of intersubjectivity and projective identification. From Ogden's early characterization of transference as the externalization of an internal object relation via projective identification, the article traces countertransference to his more recent discussion of the analyst's reverie as a conscious derivative of the analytic third. In the 2nd half of the article, the author examines the technical aspects of Ogden's approach to countertransference. Allusions to the unconscious with metaphors that create a sense of self are emphasized. The author argues that Ogden's approach should be extended to cover the mutual creation of such metaphors.