This looks like the UFO from Stephensville, Texas which was featured on UFO Hunters the last week!In fact, it exactly matches the description the guy
gave of what he saw and what he captured on the video:
Look at about 2:50 for the actual footage. Watch the entire video (#2) to hear the guy's testimony about what he saw. He said it was a point of
light trailing ribbons and constantly changing colors.
UFO Hunters
The UFO Hunters were saying that the low-light setting on the video camera was responsible for the string-like appearance of the phenomenon. But the
cameraman said his hand was stabilized against a post and that it really looked like it was trailing ribbons in the sky and the child (who saw
it first and then alerted the dad) described it as looking like lightning.
There does seem to be some motion blur in your images but I am not sure it accounts for the entire phenomenon you photographed.
[edit on 18-11-2008 by OuttaHere]
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Thanks for sharing, madmax8 
They are definately photos of a static object which apparent movement was determined by hand shaking while holding the camera during a 1 second
exposure (in according to exif data, see below), as also correctly stated by Blaine91555.
Exif data for DSC02303.jpg:
Camera: Sony DSC-S650
Lens: 17.4 mm
(Max aperture f/2.8)
Exposure: Auto exposure, Program AE, 1 sec, f/4.8, ISO 320
Flash: none
Date: November 18, 2008 6:51:34PM (timezone not specified)
(4 hours, 36 minutes, 15 seconds ago, assuming an image timezone of US Pacific)
File: 768 × 1,024 JPEG
332,285 bytes (0.32 megabytes) Image compression: 86%
11% crop of the 3,072 × 2,304 (7.1 megapixel) original
Color Space sRGB
Components Configuration YCbCr
Compressed Bits Per Pixel 8
Compression JPEG (old-style)
Create Date 2008:11:18 18:51:34
4 hours, 36 minutes, 15 seconds ago
Custom Rendered Normal
Date/Time Original 2008:11:18 18:51:34
4 hours, 36 minutes, 15 seconds ago
Exif Image Size 3,072 × 2,304
Exif Version 0221
Exposure Compensation 0
Exposure Mode Auto
Exposure Program Program AE
Exposure Time 1
F Number 4.8
File Source Digital Camera
Flash Off
Flashpix Version 0100
Focal Length 17.4 mm
ISO 320
Image Description
Interoperability Index R98 - DCF basic file (sRGB)
Interoperability Version 0100
Light Source Unknown
Make SONY
Max Aperture Value 2.8
Metering Mode Multi-segment
Camera Model Name DSC-S650
Modify Date 2008:11:18 18:51:34
4 hours, 36 minutes, 15 seconds ago
Orientation Horizontal (normal)
Print Image Matching (28 bytes binary data)
Resolution 314 pixels/inch
Saturation Normal
Scene Capture Type Standard
Scene Type Directly photographed
Sharpness Hard
Thumbnail Length 9,300
White Balance Auto
Y Cb Cr Positioning Co-sited
Notice also that while the photos being shared are some 768 × 1,024, the original ones (which should be still available) are 3,072 × 2,304: these
would be the photos that we should look at
Whenever we have shots like these ones, the first thing to do is to find some grounded point of reference (also because in absence of one the photo
would be automatically inconclusive): we have one, the window in the photo below (B):
Then, all we have to do is to compare the "movement" of the target (A) with the appearance of the point of reference (B): the more they are similar,
the more the appearance of the target was affected by the movement of the camera:
the match between the two is perfect IMHO, but judge by yourselves
So the possible explanations are:
1) Both the object and the window were moving and the camera was static.
2) Both the objects were static and the camera was shaking.
3) Something of very strange that i'm missing right now.
You decide, just my 2 cents 
Thanks again for sharing.
[edit on 19/11/2008 by internos]
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reply to post by internos
Well illustrated Internos!
Can we call this case closed now?
IRM 
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Wow nice few questions how fast was the shutter setting on your camera, Im not saying its a long exposure but it could give some insight on to how
fast it was flashing different colors.
Having said that so far i believe this to be an authentic sighting. And i say that because the rainbow effect of the exposure. which means it was
indeed flashing the colors which no modern conventional aircraft does and it was at night so it was not a result of background light refracting on the
lens.
It is still sad we cant have any clear cut pictures of Ufo's. waiting for the day when i see a pic of a ufo parked in a 7-11 parking lot with an
alien holding a slushy in one hand while flashing the peace sign in the other. but i dont think that is going to happen.
anyway great find!
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okay sorry about asking the exposure time i just saw the post on the camera specs, the exposure time was one second so i count a bout thirteen to
fourteen strobes in one photo that had an exposure time of one second the weird motion comes from the subtle shake of the camera by holding it in your
hands.
It seems the was flashing at least fourteen times a second could be faster but unfortunately we are unable to completely tell.
Anyway i think it is legit, and I just want to say your lucky, and I am jealous I was not there to see it with my own eyes.
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reply to post by oatie
HI THANK U
and thanks to evryone elses input
it was not a stationary object because i saw it fly away just when i tried to take a video and the thing that made me notice it was the flashing
colours
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i will try to upload a 5-7 sec video today if i can but it is very unclear
there is also one zoomed in pic i would like to ask everyone to take a look and explain to me if you can
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reply to post by madmax8
See this pic here:
from Internos' post earlier.
He explains it for you...camera movement
[edit on 19-11-2008 by Chadwickus]
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reply to post by madmax8
Are you suggesting that the 'object' in the images you have provided here appeared to your naked eye in the exact same fashion as in the
pictures?
i.e. Making high speed squiggles and loops?
Or
Are you saying that it was a steady, slow moving object that blinked rapidly in different colors that was made to look unearthly by the 1 second
shutter speed and jerky movements of the camera?
Personally, I want to see your close-up and the short video.
Given you were using a night exposure, is the close-up like the others? Does it show more detail? Does the video show the departure of the said
object? Why only 5-7 seconds? Surely if it was that strange you would have taken as much footage as your memory card could handle?
I don't mean to ask so many questions but if your posting these images and telling of the account, it will naturally need to undergo scrutiny - and
anywhere that you can help by providing further information would be helpful to us and more importantly - to supporting your story.
IRM
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reply to post by InfaRedMan
all i could see from the naked eye was a steady object high in the sky and very far away flickering a whole lot of different colors very brightly to
far away to see a clear shape but the light looked kindoff circular
the video-
i was using the digital camera to take pics and switched to record but nothing was visible on the camera so i quickly took out my phone (nokia 5500
2mega pixel camera) nd it just flew of so the camera barely got a glimpse of it
the main noticeable thing was that the colored lights were changing so fast
it could be a raf test flight but not sure yet
[edit on 19-11-2008 by madmax8]
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