In the analytic space, which is a co-felt, co-created, co-thought space, both the analyst and the analysand, the dreaming and the reverie are present, session by session, if - as W. R. Bion, Th. Ogden, A. Ferro remind us - the emotional experience is possible, if the dream could be dreamt, unconsciously or consciously, if being able of analysing means internalizing the analytic function - a thinking, dreaming function, of creating a mental and psychic life. The undreamt dreams, the dreams impossible to be represented or thought are also present there and then, in the analytic space-time, as “void-thoughts” or sense impressions (“beta-elements”), and they make us unable of reverie, of internal creativity, alone in the presence of the other. From the impossible dream to dreaming into a continuum of being, the analysis is holding us, separately and together, from the beginning till the end.