A common query among those working the Golden Dawn system is why the Sephirah Yesod (and Theoricus) is attributed to Air instead of Water (after all, it is linked with the Moon, which affects the tides), and why the Sephirah Hod (and Practicus) is attributed to Water (when it is also assigned to the more intellectual, or airy, planet of Mercury). It almost seems like it’s reversed, an apparent elemental inconsistency. […]
Source: Yesod In Air, Hod In Water