SIGHTING REPORT UFO sighting at M29 7RG

I AM LOOKING UP AT THE NIGHT SKY IN A SOUTH WESTERLY DIRECTION WITH MY HEAD TILTED AT APPROX 60 - 70 DEG IN THE REGION BETWEEN CYGNUS AND HURCULES [VEGA BEING DOMINANT]. THE OBJECT WAS TRAVELLING FROM SW/NE APPEARING AS IF TO BE A SATTELITE BUT INCREASING IN LIGHT MAGNITUDE AS IF TO TAKE REFLECTION FROM THE RISING MOON AT AN EASTERLY DIRECTION. AT FIRST I THOUGHT IT WAS THE LIGHTS FROM AN AIRCRAFT. IT THEN STARTED TO LOSE MAGNITUDE AND BECAME WHAT I WOULD NORMALLY RECOGNISE AS AN OVERHEAD SATELLITE BUT STILL FADING. THERE WAS NO CLOUD COVER

I FOLLOWED THE LINE WHICH THE OBJECT WAS PROJECTING AND IT TOTALLY DISAPPEARED FROM SIGHT AND THERE WAS STILL NO CLOUD COVER.
IMMEDIATLEY ON THE SAME PATH IN A REVERSE DIRECTION WAS A BLUE LIGHT SOMEWHAT THE SIZE AND MAGNITUDE OF A SATTELITE TRAVELLING AT A SPEED FAR IN EXCESS OF ANY SATELLITE, PROBABLY THAT OF A 'SHOOTING STAR' BUT WITHOUT THE BURN OUT.

I HAVE BEEN STUDYING THE SKIES FOR MANY YEARS AND SEEN OBJECTS WHICH I CAN ACCEPT BUT THIS INCIDENT HAS TOTALLY PUZZLED ME AND WOULD BE INTERESTED IF ANYBODY ELSE HAS SEEN SUCH A SIGHTING AS THIS FROM ANOTHER PERSPECTIVE. IF I HAD TO MAKE A STATEMENT ON WHAT I THOUGHT I HAD SEEN THEN I WOULD SAY I HAVE SEEN A UFO BUT WHAT IT WAS I DO NOT KNOW.