I was at home and had gone outside to get something from my vehicle. I glanced up and saw what first appeared to be a star. I noticed it was kind of flashing . So I made note of where it was in the sky and ran inside to get my wife and my telescope. I sat and observed the object for roughly fifteen to twenty minutes . During this time my wife and I noticed that it was not only flashing but it was moving as well . Short small movements from left to right and also up and down . We did not notice the movement of the object until we observedit through The scope . The evidence of the changing colors was also great through the scope . I have been a star gazer my whole life and have never witnessed anything like this. This is not the first occurance of these objects in the night sky around here . I was also witness to one several months ago back in January. It kept me mesmerized for five and half hours I even called The police department to report that one. They thought I was some nut or drug addict I'm sure .