Horror movies piss me off, more than anything. XD I can't watch them for the same reason I can't watch a lot of campy Sci-Fi/B-Movies. I go all MST3K on them and pick them apart, and everyone watching with me gets annoyed. XD I enjoy the "Scary Movie" movies because they lampoon everything that's bad about horror flicks so well.
When it comes to horror in fiction, the most enjoyable source I've found is actually in manga - I read/collect the series "Ghost Hunt
" by Shiho Inada and Fuyumi Ono, and I adore it to death. It keeps the fun aspect of fiction/fantasy while still having some sense of and respect for the actual paranormal.
The Paulding Light
is a light that appears on most nights near Watersmeet, Michigan. The area is actually rather remote - when my group went, we traveled the right-of-way as far as we could on foot (it's blocked to cars), including through a hip-deep swamp, but we had to turn back because we eventually reached a sheer cliff. I am skeptical of the headlights/tail lights/warning lights theory because of how rapidly the light changed color, the variety of colors, and the amount of both horizontal and vertical motion that was involved the night we went. Our group went out with some equipment, but we had no solid conclusion. We got about five minutes of videotape footage before the battery on our video camera was drained, our flashlight batteries went dead, and our EMF (electromagnetic field) reader was fried by being overloaded that night. We were also cold and wet, because it was raining and we were forced to turn our Explorer off, as the battery in the Explorer was also being drained while it was running. All of our still photos were black, regardless of using night cameras or flash. All of the batteries were fully charged beforehand, and all of them (including the spares left in the vehicle) were dead the next morning. It was frustrating, and I'd like to go back again with more equipment, but it's a time-and-money thing for me.