While watching the 4th of July parade at 10:39 am, I saw a flashing light in my peripheral version. When I looked, I saw an object hovering above the nearby mountains (approximately 4 miles away). It appeared approximately 200 meters above the ground. The length of the object to the naked eye was slightly smaller than 1/4".
After about 10-15 seconds, the object dropped behind the mountain and then reappeared a few seconds later, hovered for about 5 seconds, and then dropped in front of the mountain. It was harder to see at this point since it wasn't reflecting as much light and the background color of the mountain was darkish green. I lost sight of it when a parade float stopped in front of me. The entire viewing lasted about 2 minutes. ufostalker.com