I spotted an intensely white bobbing teardrop shapped light in the NE sky on a clear August morning in 1976.

Facing NE into the a clear, cloudless, blue morning sky I sighted a teardrop shaped intensely white light.  The shape was totally devoid of any color.  It hovered over the parking lot in which I was standing and observing.  It seems to bounce vertically. It did not appear to have any solid form, as an object, but was merely a light in a general teardrop shape, or an upside-down candle flame, pointed at the bottom.  I felt that there was something spiritual and serene about the "thing." I never reported the event at the time, nor since, but have always wondered about it.  An astrology amateur told me in 1997 that he calculated that the object was likely an early morning sighting of the planet Venus which would have been in the northeast sky on that date. It seems like a possible conclusion, however, my skepticism lies in that it did not resemble at all what I might think of as a planet.
Date is approximate.  PD