Yes. It's the perfect trap. Because anyone would approach Slenderman and Pyramid head in the middle of foggy darkness.
Slendy is hangin' around Silent hill again, but now he is with SH2 Pyramid head.
If you don't get it, In the game 'Slender', you try to find 8 notes and Slenderman kinda chases you around, get to close or look to long and he gets you. And in Silent hill 2, the save stations are these red shiny poster square things, and of course you try to avoid Mr Triangle face.
I tried to make the notes on Slendy accurate to the game, I looked at pictures of all of the notes but couldn't find one of the 'follows' pic
Silent hill (c) Konami