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I was out in a screened in patio relaxing, looking for fireworks being shot off by neighbors around 9pm when i noticed something suddenly in the sky. i thought it was a star at first, but realized there were no other stars in the sky and it was a little too big and bright with red and white light. i went inside and came back out with binoculars and saw that it was dark disc or oval shape and across the center it looked like square panels of very bright light with the red and white light moving across it. the object itself did not move at all. i'm home from college and went and got both my parents who observed the same thing as i did. while we were looking at it, it suddenly shot off and vanished. i've seen sattelites, planes, shooting stars, fireworks, but i've never seen anything like this.