Have you watched the Halloween movies recently? There is the fact that having seen any of that media recently, and having it on your mind, can lead to it interweaving into your dreamscape.

While I'm not one to agree with a lot of simple meanings, I think there's a lot to be said for ThunderBow's take on the baby. To give a little perspective, consider the major arcana in tarot. The "Death" card (which one might connect to the killer in a horror movie) is actually a means of transformation. It may not be a pleasant experience, but there is alway the potential for taking something positive from the outcome. The baby signifies a fresh new start...becoming someone new.

I've a rule when I address dream characters - every character is a projection of the dreamer on some level. In this case, that means that there has been some great dark self-image. Something destructive and threatening. But now you've come to a point where that part of you has given rise to a new side, fresh and without the taint of the negative connections from the monster.

A question - what came of the killer after the birth???