i had something like that happen on a 1978 ford fairmount wagon, 1993 cobra r mastercylinder 1998 cobra front brakes and 1993 cobra r rear brakes. the front caliper was slowly leaking but i never noticed it because it only happened when it warmed up when i was driving and the fluid "flung out" the wheel, i had to keep adding fluid to the master cylinder every few days, i only found it when i took off my wheel and saw it looked oilly i thought wheel bearings, but it was my brakes. hope this helps.