Red and green just happen to be the two colors that determine right-of-way. For boats, at least. Please take a picture or a video.
I was not able to take a picture. With the naked eye, it looks like a star flashing different colors- red, green, white and blue. Through binoculars, it was well defined It was stationary for about 50 minutes and then dropped below the tree line. Through binoculars, I could see it morphing into different shapes, like an amoeba. It is gone now.
Two commercial pilots were here and saw it - they have about 80 years of flying experience between the two of them. They stated that they had absolutely no idea as to what that could be, had never seen anything like it (lots of international flying experience) and it definitely wasn’t a planet or a star.