U.F.O. THEORY: Ball Lightning

I have just recently developed a new theory....about Ball Lightning.
This is the theory:That ball lighning is blobs of Eartyh plasmas that are electrocuted, and are bound together by Magnetic vortexs. The Phenomena, Since Magnatized, follows random Magnetic Waves, and since it is electrocuted, will head toward the nearest conductor that comes in contact with the magnetic waves that it follows. When the Ball lightning hits a solid object haard enough, the magnetic waves will dissapate, and the Plasmas will quicky burn up in a bright, loud flash.
Please post your opinions on this theory.
-CM2