"Steve Campbell"
Does anyone have any ideas at all as to what may have been going on,
because
we ) myself and the other witness) are bother starting to think we may be
insane

How fast was this "point" (meteor?) moving? As quickly as a "normal"
meteor or slower? At first impression I would think it was a satellite but
you seem to have considered that. I don't think the recent solar activity
would have anything to do with the ionization process of an entering
meteoroid. It may even enhance the ionization process. No all meteors
leave a train. This is often persistence of vision that gives you the
impression of a train.

Ed Majden
http://members.shaw.ca/epmajden/index.htm