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This is not the sun, it's a cloud. A color spectrum in the clouds, made when the sun beams reflect onto hexagram shaped ice crystals that form and fall flat. These things don't hang around long, so when I saw this on my way out for a drive I pulled right over to take the shot.
Check out this site for more info.
http://en.wikipedia.org/wiki/Wikipedia:Featured_picture_candidates/Sundogs