Summary : Looking east about 10 to 15 degrees above the horizon, I saw this starlike object at a very high speed. There was only one light which is the bottom of the craft. The object was round as I can can see it from below. It was at night so I cannot tell what the upper portion of the object look like.The object was coming at a very high speed and stopped over us.I was amazed by this object, traveling at high speed and made a suuden stop and hover with no overrun. As it hover us, the object turn on its bright light and I could see clearly for about a mile. It was like daylight with no heat.I would also like to add that I did not hear an engine sound from this object and thats what scared me. I thought to myself that this object is not from earth. Also, I have kept this a secret for 35 years, because I don't know what it was until last summer I saw on the television a special onUFO sightings. It was an astronaut orbiting around the earth who saw it first coming towards earth and I was the second one to see it here on earth. I don't Know if there are more people saw this on earth.