I was outside in my backyard at appoximately 10:50PM having a cigarette, when I looked up at the stars like I always do, It was a clear night so many stars were out. I was noticing the little dipper just above my house. I looked down to give my neck a break and was thinking just how far away the little dipper was in miles from where I was standing. I am not sure why I was thinking about that at the time, I guess my mind was just wandering. Then I looked up again, and to the eastern sky I noticed this super bright white light, At first I thought "Wow that is the brightest star I have even seen". It appeared to be far away like in outer space, like the stars.I live near a airport, and I knew that it was not an airplane or any other type of aircraft since there was no running lights (red or green) flashing.I have seen many of airplanes at night, in fact far off in the distance in the northern direction, there were planes flying at the time I noticed this "unusual" bright light which was in an area where there were no planes flying. So I stared at this intense light for a good 30 seconds, then it dimmed to almost nothing, and then it started to move slowly in a southern direction. Then it disappeared. At first I thought that maybe it was a exploding star or meteor, but based on what I saw, I came to the conclusion that this was something that was very different. Then I started to think that I maybe what I just saw a UFO. I still do not understand what I saw, but I experienced something I will not forget.