A psychiatrist, familiar with the knife-wielding dream demon Freddy Krueger, helps teens at a mental hospital battle the killer who is invading their dreams.

After a local woman is murdered, a group of teenage liars create a warning e-mail of a serial killer named “The Wolf”, coming on the next full moon. The teens describe each death method The Wolf uses, but when the described victims actually do start turning up dead, suddenly no one knows where the lies end and the truth begins.

Joanna Mills has a successful career but feels her personal life is spinning out of control. She has few friends, an estranged father, and a crazy ex-boyfriend who is stalking her. Joanna begins having terrifying visions of a woman's murder, and it seems that she is the killer's next target. Determined to solve the mystery and escape h...

Freddy Krueger returns once again to terrorize the dreams of the remaining Dream Warriors, as well as those of a young woman who may be able to defeat him for good.

The pregnant Alice finds Freddy Krueger striking through the sleeping mind of her unborn child, hoping to be reborn into the real world.