A friend and I were walking to the back of Place 436 apts.which at that time were bordered by woods.

At about 10 pm we noticed a glowing light coming from between the trees so we started walking toward the edge of the woods for a closer look.  We assumed that the woods had caught fire again as they had the previous year, but then we saw a 30 to 40 ft dia fireball hover out of the trees and hang there just above the tree line. 
It stay there for what seemed like 5 minutes, it was very bright, flames seemed to lap all around it like a burning tennis ball, then slowly decended back into the trees,it remained out of sight for at least 3-4 min then hovered back up again. It stayed there for another 5 min or so then slowly started rising until it looked like a star. We ran back to my apt to tell my sisters who were having a sleep over but no one beleived us. I was only 11 at the time but It's still just as vivid today.
We suspect that this may be a hoaxed report, but we are not certain.  PD