Adobe Premiere Elements 11 Application Crash

Question

Operating System: Windows 8 Pro 64-bit
System Model: HP Pavilion dv7 Notebook PC
BIOS: InsydeH2O Version 03.60.48F.1B
Processor: Intel(R) Core(TM) i7-2670QM CPU @ 2.20GHz (8 CPUs), ~2.2GHz
Memory: 16384MB RAM
Available OS Memory: 16332MB RAM
Page File: 2657MB used, 30058MB available
Windows Dir: C:\WINDOWS
DirectX Version: DirectX 11
Card name: Intel(R) HD Graphics 3000
Speakers and Headphones (IDT High Definition Audio CODEC)
750GB Integrated Hard Disk Drive
3TB External Hard Disk Drive
While editing a 30:44 minute avi video file with 3 wav audio source files in Premiere Elements 11 the application crashes, no system errors or system crashes.
Windows reports that Premiere Elements 11 crashes and closes the program, no error message.
The crash occurs around the five minute marker of the video, I do not want to go past the 5 minute marker because I want to make sure my video is well throughout.
The video file is 28.8GB and both the video file and the Premiere Project File are located in the same 3TB External Hard Disk Drive.
The only programs running while I edit are Steam, Trend Micro Titanium Antivirus+, Dxtory, and Premiere Elements 11.
I have read over some of the other forums regarding premiere crashing and MOST of the ones that were relevent to my inquiry are from 2008-10 and involve premiere 8 on Windows Vista. This is prevelent on both Adobe and Google.
I have also ran a disk cleanup, disk defrag, system restart, and update checks, all updates are up to date, I check every month.

Answer 1

I only have the single 30:44 duration video.
I also downloaded G-Spot, from a suggestion made by Bill Hunt in an older post on the forum to find out the specific codecs that were involved in the video I am editing and what I received back was:
     Under Video, the codec was listed as 'xtor'.
      Under Audio, the codec was listed as 'PCM Audio'
The only video file in the edit is the 30:44 duration video file.
I used a recording software that I purchased called Dxtory, the program allows me to record certain programs on my computer's screen, namely video games.
The video's format is an AVI file, and the specific video codec is 'xtor' and the specific audio codec is 'PCM Audio', according to G-spot.
The video's resolution is 1280x720, the resolution is what I set my games to, if available, and its the resolution I have Dxtory setup to record.
Under Edit/Project Settings/General the project settings are set to 1080i, 1920x1080 resolution, on default.
I cannot change the settings for some reason, they are unavailable for me to customize, probably cause its the default until I add a video file.
However, when I open the 30:44 video project, the Edit/Project Settings/General settings are set to Sony XD Cam EX 720p, 1280x720. I do see a yellow line under the time line in the project, the line is not exactly above the video clips. I am also in Expert View.
My time line has changed increments, last night when I posted my first post, the time table was in increments of 22 seconds, and now its in increments of 15 seconds, the yellow line is below these increments, but only in certain parts, for my project the yellow line appears in the time table in the first 1 minutes 51 second and later at 4 minute 36 second increment to 4 minute 47 second increment. I do not have an edit on the first 1:51, but on the 4:36-4:47 I do have a text edit that sits on video 2, that was the last edit I did on the project, the application shortly crashes after 4:47, the crash is also occuring with and without the text edit. I'm going to continue to check settings and I will use Windows Event Viewer to find if I missed anything.
Thank you for your asssistance.