Flickering Star like Object Moving Laterally at about 0130 hrsThe Object was seen at approximately 0130 hrs on the 7th, I did not know my exact orientation as far as direction is concerned it appeared to be near Fairbanks Int'l Airport. My wife spotted it first I looked and at frst glance thought that it may be venus because it was just stting there and it was very bright. Then I noticed it was slowly moving laterally. It seemed to flicker like a quasar but it was too far away for me to get a distinct shape I am in army aviation so I dimissed rotary wing aircraft because the consume too much fuel to just sit it the air for no reason and they have a definite hovering appearance. I am not sure if weather balloons have lights or why they would be that far from the university. And lastly could it have been a hot air balloon? Your guess is as good as mine please reply if you have some idea... I also call fairbanks airport operations and they said they had no idea?