over the past month my brakes have been feeling squishier and squishier and today they just decided to slow me instead of stop me. pretty scary at first. so i had to use my e brake most of the way to and from work. im not missing any fluid so thats not it. i was going to try bleeding them tomorrow to hope that helps. anyone got any ideas? and on my way home from work i was braking with what little braking power i had left i heard a sort of pop from under the hood and then my brake light went on. 85 elco mostly stock. front discs rear drums.

Sounds like a master cylinder. Keep in mind, the reman unit that you get from one of the part's chain's, may be junk. Just because you still have a problem, don't rule that out. You may get lucky and get a good one, just say'in.

Like Canted stated, get a new Master Cylinder, Murphys law will loom his ugly head here,, I have found out the hard way if your El Camino has high miles or if the calipers or wheel cylinders have not changed and came on the truck, their next. I do a complete service when I do a Camino like yours, new M/C calipers and wheel cylinders and all 3 rubber brake hoses and then bleed the brakes, I got a new M.C from NAPA for about 40.00 + - change,, good luck matty man

hmm.. i replaced the master cylinder about 2 years ago and the calipers about 4 months ago. hopefully its just the master cylinder. guess i'll just wait another week for my taxes cuz im broke until then. looks like my wife gets to wake up and take me to work for the next few days. sucks for her