Spinning circle in the sky 500 Lights On Object0: Yes

This happened in June or July of 1992 in Modesto, California, on the end of McHenry Ave opposite the park- towards the direction of Riverbank and Escalon.  I was lying down on a sleeping bag outside on a field looking up in to the night sky.  
Something came from who knows what direction and stopped in the sky far above me.  It was closer than a star and it seemed to be spinning with lights all around it- like a Frisbee with lights I guess.  It stayed there for ten seconds or so, maybe slightly longer and then took off again at an incredible speed.  As far as I know an airplane can’t stop in midair- spin in a circle, and then jet off out of sight in a second or less than a second. 
Also, when I was older at my mothers I remember waking up in the middle of the night or the early morning.  There was a bright white light in my room and outside my window.  I got the feeling like something was checking up on me.  Then I went back to sleep.