A nebula is a giant cloud of gas (mostly hydrogen and helium) and cosmic dust situated between stars in the interstellar medium. Nebulae serve as sites of stellar birth and death—including emission nebulae that glow from ionized gas, reflection nebulae that scatter starlight, and dark nebulae that obscure background stars.
Source: science.nasa.gov
16/01/2005

Old photographs show no evidence of the above nebula. In 1992, a white dwarf star toward the constellation of Cygnus blew off its outer layers in a classical nova explosion: an event called Nova Cygni 1992. Light flooded the local interstellar neighborhood, illuminated this existing gas cloud, excited the existing hydrogen, and hence caused the red emission. The only gas actually expelled by the nova can be seen as a small red ball just above the photograph's center. Eventually, light from the nova shell will fade, and this nebula will again become invisible.