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Introducing - Parents helping the kids get better stuff. Got them a nursery that had real stuff like lions, vultures, and filthy creatures that came to life.
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Rising Action - Psychiatrist trying to help them out mentally. He hears a lot of noise in the nursery.
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Climax - Parents suspect that kids are doing it.
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Falling action - Psychiatrist warns parents to turn off nursery
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Resolution - Peter and Wendy kill George and Lydia.