Reading Pratt's account, I note that the object faded out slowly;
Quote:
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The UFO finally disappeared shortly after four in the morning, becoming smaller and smaller as it climbed ever higher until it was gone from sight.
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A slow fade and climb into the sky is exactly the sort of behaviour I would expect of a misidentified planet.
Exactly the same phenomenon occurs at the end of the second Rendlesham Forest sighting, where the object slowly fades from sight into the approaching dawn... this suggests to me misidentified celestial objects are responsible for at least part of both incidents.