Round object rapidly changing colors with jets flying over it....video proof!!!!Was the 2011 first shotgun deer season. Went outside at about 10 pm,the cabin where we are is far away from any big cities and looked at the horizon and saw a round flashing light in the sky. It was not there the night before or the next night. The object changed colors rapidly from pink, red, blue, purple, green and seemed to stay in one spot. I watched this object through binoculars and so did my dad and we could not figure out what it was. I took a video with my cell phone but it was pretty far away but you can see the object changing colors. I even have a jet flying over it in the night sky and the craft still did not move. Ive been going to this same location for 15 years and have never seen this before in my life, The craft stayed in the same place for about 45minutes then would shift position in the sky. I watched this object for well over an hour and it had no noise or any jet like features.