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Last updated at 8:00 PM on 03rd July 2009
Is it or isn't it? Look closely at these pictures and video to make up your own mind.
But Denna Smith, a writer in the U.S., says she knows what she saw.
She believes that the circle she caught on camera floating in the sky above the Kings Dominion theme park in Virginia is a space ship.
Enlarge What is it? An unidentified circular object floats in the sky above the theme park in this footage
What is it? An unidentified circular object floats in the sky above the theme park in this footage
Officials at the park insisted the ring was simply smoke from the nearby Volcano ride.
But Ms Smith was not buying it.
The ring is well-formed and is not smoky, she pointed out. 'We were like what is that, we were all stopped and we were astonished.'
Ms Smith posted her video on YouTube, where it has received nearly 300,000 hits in one week. American cable news channel CNN also picked up the story.
UFO investigator Cameron Pack said Ms Smith's story has a ring of truth.
Her video is similar to two other recorded incidents, he said - one from Florida in 1999, and one from Fort Belvoir, also in Virginia, in the 1950s.
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