Hoboken NJ UFO 8/9/08 #2

A small group observed what appeared to be a spinning gray or metallic disc shaped object over Hoboken NJ around 8pm on the night of August 9th, 2008. The disc was centered in a dark cloud. Some people said they saw red lights. It sat there for about 10 minutes and appeared to move East and then North over the Hudson River (see video part 2). My camera could only zoom in so much. We weren't sure what it was but it was quite strange...