Where is my Target circle

My Target circle is missing even when it is selected in the Target Menu.
I can turn it off and on again and it appears again. But after the next Logout its gone again. I tryed it on my other PC and its the same there.

I don't wanna use the reset Button and do all my Hotbars again.... someone has a idea what to do other than reset everything?

http://i12.photobucket.com/albums/a2...015_204514.jpg

Not sure on how those settings work, but is it the Locked to Cursor part, by any chance? Maybe it only wants to drop a ring under whatever your mouse cursor is pointing at?