Circular shaped craft with flashing lights

I did not know they were sights to report this or I would have sooner.  
I was leaving a friends house and just happen to look up in the sky.  I called my friends attention to it.  It was oval or like a flying saucer disk you see on TV.  It had different colored lights all the way around it.  As we were watching it, it was like it was motinless without sound.  It hovered with all the lights blinking around it in a circular pattern.  We just stood there and watched it. 
It then turned up on its side like a Frizbee being thrown and took off.  
I don't tell very many people about this because everyone laughs but I will never forget it.  I'm just not sure about the date it was so long ago.  I was reading one report that sounded alot like mine.
Source indicates that the date of the sighting is approximate.  PD