Red light/sphere seen over neighborhood of Charleston Heights with street lamps blinking on and off.

This is something I have lived with for many years and was too afraid to ever write it down. I've only discussed it with the people involved and a few trusted people in my life.
When I was about aged 13 this event occurred. I had been in my house one night while my parents and other family members were out, it was about 8:30 to 9 pm during the summer in the early 1990's I remember watching television and the power suddenly went out.  I was feeling very uneasy about being alone in the house in the darkness so I decided to go up the block to my friends house as I figured they were not doing anything since the power was out.  My friends came outside with me in their front yard and we were sitting on the block wall talking for about 15 minutes when suddenly the street lights on our block had started to blink on and off.  We thought it to be strange as all the lights were blinking in unison with each other yet the lights within the house were not blinking.  Usually the lamps warm up before they reach full brightness after sunset or when recovering from a power failure.  I had climbed up on the block wall to look over into the other neighborhoods to see if the! streetlights on other streets were blinking as well which they were not.  It was only the ones on our cul de sac. Suddenly coming out of the east very high up in the sky we all observed a red sphere or ball that suddenly stopped and hovered above where we were standing yet it was very very high up and hard to judge exactly how high it was or its size.  The street lamps were still blinking on and off in a Morse code fashion.  After about 2 minutes of this object hovering above us it suddenly took off toward the west which was towards the direction on Red Rock/Spring mountains.  We were baffled, yet we slowly realized between the street lights blinking and this object that we had just witnessed a UFO.  My friends parents were also not home that night.  No other neighbors came out to where we were.  It was the strangest incident in my life. My friends siblings who had staid inside the house had reported that when they were trying to contact their parents on the phone that the phone ! suddenly had when static and they had heard a strange whirring noise d uring the same time we had witnessed this event.  Now these children were strict a Mormon family that were quite average and good people that usually would not believe in such a thing, but were convinced and still convinced they had seen a UFO to this day.  The whole incident was strange.  No parents home at wither home, power going out for about an hour, street lamps blinking on only our block, and this very bright red sphere high in the sky moving at speeds beyond aircraft that we may know of.  We believe that it was trying to communicate with us, or it was studying us.
Witness indicates that date is approximate.  PD