A cylinder looking object, which travelled at great speed with fire reddish, blueish flames

I have been trying for years to ask this question, so that I can receive an answer on an object I seen November 89.  I was on my way to school, myself and my cousin,approximately 5:30 am. We were waiting on our school bus to arrived.  However, something magnificent, unexplainable happened.  We were standing about 100 ft from were the object lifted from the ground, and travelled into the sky.  The object we saw was small,shape as a cylinder with a shine colour (silver)  it looked like a space ship and it took off with fire at the bottom and  had this blueish, reddish colour.  The object made no sound and it travlled with such speed.  We both stood there and watched it as it tavelled into the sky and out of sight. We had no of taking a picture of it, by I can have a picture drawn from memory.
 I have been asking questions for all these years about this object , but no one can answer, or explain what we saw. I hope you can help.
Date may be approximate, although the witness does not indicate that fact.  PD