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Ufo hovering over residential area

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This is a video of a lecture about the chicago O'hare sighting that he gave at the MUFON SYmposium in Denver this year. He showed it almost at the end of his lecture. I took some notes on it, but it was hard to understand, he kept jumpoing around in material. He kept saying that he didnt have permission to show the rest of the footage. The feeling that most people walked away from this with is that it was interesting but not conclusive

Anyhow, thats what I know.
 
I am not 100% sure that the image is airborne. Is the photographer elevated? (At the top of a hill, second story window, etc.?)
 
It looks like brake/tail lights on cars in the distance behind some trees

a hill behind the house with cars stalled showing brake lights
 
Theyre fires burning on a somewhat distant hill. The smoke trails are pretty evident. If this was a sighting over a major residential area, there'd be more videos than...one. I asked some people who could, to see if they might get me daytime shots of the area from the same vantage point. That never happened.
 
That's the thing about most hoaxes. They don't move. If they don't move, I usually toss them aside. There are plenty of moving hoaxes to deal with.
 
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