We were watching fireworks when my wife pointed out that what she thought was a helicopter. it turned red and was moving very fast. i noticed its still had a small white light that looked like it was connected to the back of the object. it quickly lowered about 200-300 feet and began ascending in a wide sweeping circle (i would guess the turn around was about a half mile) this is when i started pulling my camera phone out. when it finished its circle it rose very quickly straight up another few hundred feet. then the object began moving south- south/east back in the original direction it came from. after 2-3 seconds of movement it began moving about 4-5 times faster, like the difference from 1st to 5th gear. this is when the footage began. in the footage you see it going straight, near the end of the clip we noticed the object bagan flashing blue and red again, and then i loose it as the object goes out of my line of sight behind my house. the object did not lower again. it looked like it was going straight twords the airport. which is about 20 miles from my house. -aslan sheffler