Hmmmmmmmmmmmmmmmmm
I must admit, that was one of the most interesting replies I have ever read, not sure whether to take it as complimentary or facetious nevertheless, an excellent execution of words with some thought provoking eloquence akin to something Arthur C Clarke may have presented.
No, I was sober, as where the many watching it, what intrigued me was the fact that the change in hues was so fluent no sequencing or flashing, what the camera caught was 1/5 what you could see happening as far as intensity, and the movement, well it seemed to race off away from the camera therefore the loss of light before returning back into scene and as you noted the light pole did give a point of reference later on which does show the object moving from left to right and back while losing altitude then climbing again.
Look, it may be a hoax, but what bright spark would do something like this on Christmas eve of all nights?
It's estimated that out galaxy contains a billion suns, and that the universe contains a billion galaxies, so if we are a 1 in a billion fluke and the same goes for the remaining billion galaxies, that would put the number of Earth like life supporting planets out there at 1 billion !
Thanks for humoring me all, just thought Id share something interesting, by the way I did some net research, seems I'm not the first to have sighted this activity in the area, read some of the posts here, they mirror what I saw and what the camera partially caught.
http://www.onlymelbourne.com.au/melbourne_details.php?id=13389