Dream on quiet hilltop, immersed in proverb (5)

I believe the answer is:

pshaw

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'dream on quiet hilltop immersed in proverb' is the definition.
I can't judge whether this definition defines the answer.

'quiet hilltop immersed in proverb' is the wordplay.
'quiet' becomes 'p' (music symbol for 'piano', ie soft or quiet).
'hilltop' becomes 'h' (top of the word 'hill').
'immersed in' means one lot of letters goes inside another.
'proverb' becomes 'saw' (synonyms).
'h' placed inside 'saw' is 'shaw'.
'p'+'shaw'='PSHAW'

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(Other definitions for pshaw that I've seen before include "Voice impatience" , "Exclamation of contempt" , "Contemptuous cry" , "Contemptuous expression" , "Expression of impatience" .)

I've seen this clue in the Sydney Morning Herald.

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