stationary, multicolored, circular moving lights, met by another object which raised to meet it and then it too displayed the lights.While closing up north facing bedroom window to set alarms before going to work, I was shocked to see a bright, red, green, blue, white type of circular object high in the sky. It seemed to be far away, but low enough in sky for me to observe these lights moving in a circular motion giving the impression of a round shaped craft. I stood and watched to see if it was moving away, up or down, or coming closer like an aircraft or helicopter. However, it remained in exactly the same position and did not change size. Within a few minutes my husband returned home and I screamed for him to come and see the object. At that very moment another object appeared in the sky, below the multicolored one, but it appeared to be a star. It slowly started to rise up towards the colored object and eventually was above it. Then the star type object started to display the same circular flashing, multicolored lights. We watched this continue for at least five minutes. When I ran to! get my binoculars and camera, the objects disappeared. My husband stated that they just faded away. There were some clouds tonight, but not many, and it was a good clear view of the many stars in the sky, more than we've seen in a long time, living in the city.