|I have a special place|
(Rashi). Or, 'All space is under My domain' (Rashi; Baaley Tosafoth). Or, 'There is a way of reaching up to Me' (Moreh Nevukhim 1:8).
|where you can stand|
Literally. Some take this expression idiomatically, and render it, 'You must remain in contemplation of the origin of all things' (Moreh Nevukhim 1:16; Abarbanel).
|When My glory passes by...|
(Literally). Or, 'When [you try] to pass over the boundaries [toward] My glory, I will let you reach the limit of your powers' (Abarbanel).
|protecting you with My power|
(cf. Targum). Literally, 'placing My hand over you.' Or, 'protecting you with My cloud' (Emunoth VeDeyoth 2:12; see Exodus 34:5).
|My protective power|
(cf. Targum). Literally, 'My hand.'
|of what follows from My existence|
(Hirsch; cf. Moreh Nevukhim 1:34; Avodath HaKodesh 3:40). Literally, 'My back.' Or, 'a glimmer of My essence' (Emmunoth VeDeyoth 2:12); or, 'a partial realization of My uniqueness' (Yad, Yesodey HaTorah 1:10).
Literally, 'My face.'