This is just another classic of psychedelic visualization. And a gorgeous one it is!
The sequence within the movie is far too long to be reduced to a mere sign or reference to the psychedelic counter culture of the time (’68). It ripps right through the fabric of a reality of symbolic economies by showing itself immune to any reduction of meaning; it has to be watched.
After this sequence an orgy of symbolism takes place (in a baroque “life as dream” setting). But for the time of the flow of images even the anticipated junky for meaning will enjoy the spiritual peace of tripping.
The Daily Psychedelic Video 
It is the best time to make a few plans for the future and it is time to be happy.
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