((NUFORC Note: The gentleman who submitted the report was kind enough to forward his video to NUFORC. The object is not inconsistent with some white, round object, and it does "disappear" from sight on several occasions. However, because of the momentary blurring of the edge of the object just before it disappears, we believe that this characteristic probably is due to the autofocus function of the video camera. We will continue to analyze the video tape.))I SHOT A 12 SECOND VIDEO OF UFO ABOVE CHURCHILL DOWNS ON DERBY DAY MORN.WHILE TAKING VIDEO OF THE BLIMPS,NEWS HELICOPTERS,AND ASSORTED OTHER AIRCRAFT THAT CIRCLE CHURCHILL DOWNS ON DERBY DAY,I HAPPENED TO GET A 12 SECOND SHOT OF A BRIGHTLY REFLECTIVE OBJECT FLYING DIRECTLY TOWARD ONE OF THE SMALL PLANES THAT PULL THE LARGE ADVERTISING BANNERS. IT PASSED BEHIND THE PLANE DIRECTLY DOWN THE CENTER,AND REAPPEARED FROM THE TAIL OF THE PLANE.SINCE THE PLANE WAS NOT PULLING A BANNER AT THE TIME YOU COULD THEN CLEARLY SEE THE OBJECT DISAPPEAR AND REAPPEAR IN PUFFS OF WHITE VAPOR AND IN DIFFERENT LOCATIONS IN THE SHOT.IF YOU LOOK AT THE VIDEO IN FRAME BY FRAME SLOW MOTION YOU CAN SEE THE OBJECT PLAINLY MAKE 27 CHANGES IN DIRECTION,AND OR LOCATION,DEMATERIALIZING AND REAPPEARING 9 TIMES IN ABOUT 8 SECONDS.THE SKY WAS CRYSTAL CLEAR BLUE ALL DAY DERBY DAY;SO THERE WERE NO CLOUDS FOR IT TO DUCK BEHIND.THE OBJECT ITSELF LOOKS TO BE ABOUT THE SIZE OF ONE OF THE PLANES TIRES,AND IN FREEZE FRAME YOU CAN SEE THAT THE SIDE FACING THE SUN IS BRIGHTLY REFLECTIVE,AND THE SIDE AWAY FROM THE SUN IS IN SHADOW.JUDGING FROM THE CLARITY OF THE PUFFS OF VAPOR THE OBJECT DOES NOT APPEAR TO BE MUCH HIGHER IN ALTITUDE THAN THE PLANE IT PASSES.I WAS FACING SOUTHWEST AT THE TIME OF THE SHOT AND WAS ABOUT SIX BLOCKS SOUTH OF CHURCHILL DOWNS LOU. KY.