UFO Sighting in Albuquerque, New Mexico on August 29th 2014 - Albuquerque bright starlike light moving from N -S flare of white light then gone

I took out the trash at 0400 and saw a meteor (Perseids) and decided to stay for more. I was in NE Albuquerque, NM, looking up facing NE. I saw a bright white star just above me. At first I thought it was a plane, but it was too high and did not have the flashing colored lights on the bottom. It was moving at a steady pace. It then flashed a brighter white, a pure white. The flash made it seem two to three times bigger than it was. It continued South for a few seconds then disappeared into a darker section of sky. I was excited and frightened at the same time, frozen. I wanted to stay out and search for it, but felt that I should go inside. Once inside, I felt anxious and scared. I looked at the clock and it was 0406.

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