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Mathwright Microworld for this page
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Special relativity asserts (Einstein, 1921) that there exist frames of reference, called "inertial frames", with respect to which the laws of physics have the simplest possible expression and the equations all have the same form (principle of covariance). These inertial frames are, of course, a convenient fiction, giving only the infinitesimal approximation of the state of affairs in the presence of matter and energy. It is essentially the same as saying that a curved surface is "locally  in infinitesimal approximation" the same as a Euclidean space.
The inertial frames are what an observer uses to coordinatize the "world". And the world is spacetime, or the world of "events". Inertial observers may associate numbers (coordinates) to the world of physical events, and once they do, they may derive relations among those numbers  for example, that undisturbed bodies (such as the world lines of other inertial observers) describe straight lines, and that these straight lines have rulings determined by the ticking of the mover's clock.
Relativity asserts that all inertial coordinatizations of spacetime are equivalent, in the sense that one cannot be distinguished from the other by any physical experiment. In particular, it is possible for inertial observers to come to agreement about their units of measure while they are stationary with respect to each other, and that, after this agreement is made, all will measure light to move at the same constant speed. This will be true whatever the subsequent state of relative motion of these observers.
This is astonishing, but it is what both experiment and Maxwell's Equations imply. All kinematic parameters may be expressed in terms of "light rays and clocks" from this viewpoint (Burke, 1985). The basic meaning of the principle of relativity is that there is no "privileged" viewpoint for the events in the physical world, but that there is a privileged class of inertial viewpoints, each equivalent one to the other, each indistinguishable from the others. They all describe the laws of physics in the same way.
To simplify the discussion, we suppress one of the dimensions of spacetime and consider, instead of our fourdimensional spacetime, a threedimensional spacetime. In this spacetime there is a coordinatization by an inertial observer for which the velocity of light is 1. That is, light moves one unit distance in one unit of time. I shall call the coordinates of this spacetime, as used by the inertial observer, .
To develop the physical interpretation of the focuslocus and focusdirectrix properties of conic sections, I will work in this 2+1 dimensional spacetime. As a preview, I mention that 2+1 spacetime is a 3dimensional vector space with a geometry very much like Euclidean geometry. That geometry is determined by the "hyperbolic metric", which I defined earlier.
Let us suppose that a "standard" observer is selected. Call that observer , and refer all spacetime events to the coordinates that attaches to them. As I mentioned earlier, the name will refer ambiguously to the observer himself and to the event of his first clocktick. In this case the event has standard coordinates . Now all spacetime events may be referred to these standard coordinates, for convenience of description. I call the event

the Origin event.
Next, suppose that there is another inertial observer. I assume that this observer has previously synchronized clocks and rulers with those of as described above. Call this observer . The new observer describes spacetime events with coordinates, say, , and I assume that the event that describes as

is the same Origin event as that of . I will also refer to the event of the first clock tick of with coordinates as .
We notice two things according to the covariance principle. If, in standard coordinates, the light cone at the origin is the set of events given by the equation

as measured by , then it coincides with the set of events given by the equation

as measured by . That is, and see the same light cone at the origin. But for an individual event on the light cone, they might assign different coordinates.
The same is true for the unit hyperboloid represented in standard coordinates as
. 
While the event on that hyperboloid has standard coordinates , the event on that hyperboloid will in general have standard ( ) coordinates different from if is "in motion" with respect to .
There is no absolute notion of simultaneity in Special Relativity, but each observer may define his own concept of simultaneity with a certain simple experiment with light and his clock that I will illustrate on this page. In particular, the events that observer considers to be "simultaneous" with his first clocktick (the event ) will be the plane tangent to the standard hyperboloid

at the point . This is the plane for the observer . We saw this plane in the Planes Intersecting Cones page. The intersection of this plane of events with the light cone at the origin was seen to be an ellipse in standard coordinates, with the Euclidean metric. That was the ellipse of the planeslicing cone construction.
I emphasized standard ( ) coordinates because, from the point of view of , that set of events in the plane are simultaneous, and their intersection with the light cone at the origin forms a circle of radius 1. The points on this "ellipse" will not have constant t coordinates from the point of view of , however. Now if is actually in motion with respect to then we have the following remarkable fact that will explain why an ellipse that is not a circle has a directrix. The plane of simultaneity for intersects the plane of simultaneity t = 0 for in a line!
Let us illustrate with a picture. Suppose that our standard observer establishes the basis of coordinates for this 2+1 dimensional spacetime. And suppose now that there is another inertial observer whose world line intersects the world line of at the origin, as above.
In particular, I assume that both and have clocks that tick time 0 for each at the origin event. What does this mean? The simplest way to picture it is to use the coordinates of to describe the event of the next tick of the clock of on the worldline of . Certainly this event must occur in the future light cone of . But it cannot be just anywhere, for the following reason. The hyperbolic interval connecting the zeroth and first clock tick of along the worldline of is obviously measured by to be 1. Therefore, it must be 1 in the coordinates of . This means that, in the coordinates of , it lies on the hyperboloid
as I observed above. The situation might be pictured as in the figure at the right.
From the picture, it is clear that the next clock tick of after the origin event must occur at a time that will measure to be greater than or equal to 1. (This is the famous "timecontraction"  the clock of appears to be slower than that of .) It will be equal to 1 if and only if is not moving at all in the reference frame of , in which case the worldlines and the clocks of and coincide. The state of motion (with respect to ) of observer is almost determined by this picture. It is not entirely determined, because still has some freedom in the choice of his spatial coordinates (vectors ). In order to make the analysis of the conics, I will have the standard observer choose the system of vectors in a special way.
The line (the taxis) is what I called the "worldline" of the observer . Points on the worldline are measured by the unit ticks of his clock. In this spacetime, a circular pulse of light emitted from the event describes a cone (the light cone) of events along the wavefront of that pulse. It is described by the equation:
. 
A picture of the light cone (see the figure at the right) suggests that his worldline is "inside" the cone. It points "upward" in the direction, towards the "future" for the observer.
Now, while the axes are orthogonal in the Euclidean metric, the correct measure of distance in this 2+1 spacetime is given by the "hyperbolic" metric. Recall that, if
,
then the inner product of , denoted , is
.
All events in the observer's future are in the upper half of the light cone when we stipulate that the observer's "present" is the origin . In this sense, the observer can influence these future events from the "present" event by sending a signal (an inertial observer, or a ray of light) to them from the origin event, or from any event further along his worldline.
All events that are in the observer's past are in the bottom half of the light cone. An event is in the observer's past if a signal may come from that event to the origin, the present event .
In fact, it is possible for an observer to measure the interval between the origin event and any other event using clocks and light rays alone. An experiment on the dynamic version of this page will allow you to see that for yourself. It is worth our while to elaborate the last point, because it will give insight into our line of attack on conic sections. Assume that is an inertial observer whose clock has been synchronized with that of observer as above, and for whom light travels with velocity 1. Suppose also that are events.
Imagine that at time , observer passes through event . Now it is almost obvious that a unique ray of light may be emitted at some point on the worldline of that will meet event . Let be the time (as measured by ) of emission of that ray of light. And there is another unique ray if light that may be emitted from the event that will arrive back on the worldline of . We may consider this to be the reflection by a circular mirror situated in . That reception event will occur at a time on the world line of . Obviously, .
Now it takes light just as long to travel from the event at time on the worldline of to as it takes to travel from back to event at time on the world line of . Thus, in coordinates, the time coordinate of event is midway between and . It is
. 
Also, since light travels with speed 1, the spatial coordinates of , , satisfy
, 
because that is how long it took light to reach .
Thus, when calculates the interval from to , he gets

can, in principle, make this measurement just with light (and a mirror) and his clock. In particular, if this product is 0, then are connected by a light ray. If the product is positive, then must occur in the past of (before event on his worldline). And that would mean that have a spacelike interval.
I put these ideas to use in the next section, A Thought Experiment, where I interpret the focuslocus definition of conic sections in terms of light cones.
James E. White, "Special Relativity and Conic Sections  Light Rays, Clocks, and Rulers: A Visual Primer," Loci (October 2004)
Journal of Online Mathematics and its Applications