[csdtx]

It was behind some trees about 30-40 meters away, I ran across the street to get a better view(it was suspicious after all) and didn't notice much parallax shift, but I doubt I would have seen much against a blue sky. Obviously if you don't have a good view of a random object like that it's extremely hard to judge distance. It might as well have been a point object that's almost impossible to judge anything other than color/shape/movement. The movement is what made me realize it's a UFO, if it disappeared or kept moving at a reasonable rate I wouldn't have though twice about it since it's probably some white/silver balloon being blown in the wind or something.

Even if it was close by, you don't jump from almost stationary to the other side of the sky from your perspective at a reasonable speed.