(5 Miles East of Crawfordsville IN) At 3:00 am I observed a star-like object visible through the leaf-bare treetops to the west, perhaps five miles distant and at obvious altitude of at least a few thousand feet, appearing larger than the other stars, even the brightest ones, and multi-colored. It suddenly visibly decreased altitude enough that I could tell it was not stationary like the other "stars" in the sky. So I got dressed and went outside and viewed it against the foreground of the barren treetops of the woods forty yards from the house, to use them as a reference. I stood by my car and moved slightly to align the object vertically over one of the tree trunks so I could tell if it was actually moving as it had appeared to do early. It was basically stationary, but DID move visibly every few seconds, in all directions to the side and vertically up and down, not by a large amount, but enough that it was visibly discernible and over the space of fifteen minutes it "drifted" erratically many times and was now aligned, vertically, between the trunk I originally aligned it directly above, and the trunk of another tree a few to the north, so that it appeared in midway in between the two tree trunks vertically, and it had drifted downward somewhat as well, generally, so that it was no longer seen through the top edge of the tree limbs but lower in the sky, through the middle of the barren smaller tree limbs where the leaves would have been if they weren't all shed. I got in my car and drove westward for approximately two miles and the object did not appear to be any closer than before. I returned home and by the time I got there and got back into bed the object had either moved much further to the west or decreased its altitude, as it was barely visible much lower in elevation, obscured most of the time by the bodies of the tree trunks in the woods. By that time one hour had elapsed, at 4:00 am.