I was going out back for a cigarette, when I saw this bright white light above the tree line. As I frequently watch the stars, I knew it wasn't supposed to be there, and I got very excited. This thing was big, about 4mm tall, and trapezoidal with the top about 2mm and the bottom about 3 mm. I watched for about 15 seconds as red, green and blue lights blinked randomly. I went inside and got my wife and 20 year old son. As the 3 of us observed the object, it started to dart left and back to the right about half a dozen times. After hovering motionless for a couple minutes, it shot down and back up again 3 times. It then started to move in fast, tight circles for about 5 seconds before returning to its original position. Or at least as near as I could tell. After several minutes of inactivity, my wife started googling while my son and I continued to watch. Over the next 1/2 hour, my son and I watched it through binoculars and tried to get it on film, but our cameras were inadequate for the low light levels. Also over that same time span, it slowly drifted to the North and farther away. This I discern from its shrinking size. About 40 minutes after first observing it, it grew too small to see. When I first saw it, I was excited. Then when it started moving...giddy might best describe my feelings. Disappointment when it was gone. Over the next 4 nights, the 18th through the 21st, we have observed as many as 9 of these lighted, blinking objects. On the 19th we had an additional observer, a friend from town. Based on this, I have every reason to believe they will be back tonight. Additional report(s), to follow, hopefully we'll get some pictures/video.