Tim - So I got the space ship and satellite correct, but I'm not sure about the planet.
The negative space is not so much to do with recession or depth in the image but to do with the shape of "objects" in the image. This is quite a complicated stereogram in that there are several objects in it. If you look at some of the simpler ones such as the shark that pops up (pun intended
) on most "magic eye" sites, the effect, literally as I see it, may be more apparent. The shark appears as a 3D hole - no detail, just a hole with the general shape of the shark. Actually, I have never found reference to this effect on any site, and I always assumed that what I saw was what I was meant to see, but now I know differently.
It's all very weird, the way we perceive images.
Cheers
David