Last night, I was swimming in my pool, when I looked into the sky and saw a light
no big deal, right?
but this light (which was just a light, round, kinda like a star) was moving across the sky. Its probally a plane, right? But the light started to fade into a disc shape, then its brightness grew again until it was just the round light again. But then it faded off, AND DISAPPEARED. The thing is, there was no clouds in our sky, the sky was perfectly clear. But if that wasn't weird enough, the light, REAPPEARED about 2 inches to the right of when it dissapeared (it was traveling left), then it went along and dissapeared again! (and when I mean 2 inches, I mean it was 2 inches to my view, I don't know how many miles that translates too).

Are you sure it wasn't a satellite? They travel pretty fast. Just a suggestion!

Maybe a meteorite passing in and out of Earth's atmosphere, Lighting up when it was IN the atmospehere with oxigen which fire can be sustained in, and obviously extinguishing when again in space which has no air and as we know, fire NEEDS air or it simply dies. So maybe it was going in a slight rounded zig-zag in and out of the planet's atmosphere igniting itself with speed and extinguishing in space.

If it was NOT going in a zig - zag, maybe it was just a factor of the ozone layer becoming uneven due to global warming, since it is disappearing gradualy.

Or a satellite like coldethyl suggested, which also seems logical.

Seems logical to me.

Satalite? Who knows.......................

Could be.

(I love the Tenacious D siggy!!)

I personally believe it was a meteorite, since if there was a satellite falling there would have been some sort of authority in the area. And I don't think that a satellite could go in zig zags, since they ( NASA Or whatever is in your area ) still control it before it goes out of the atmosphere, so if there was an accident in space, which MADE the satellite float into our atmosphere, the controllers would have made it so it falls STRAIGHT down, because if a satellite goes in zig zags, the metal would be under too much stress and finally, would for the last time ignite, and send itself into oblivion. And as the satellite exploded, bits of metal would rain at extreme speeds into homes, stores, even people. The effects would be devastating, people killed in an instant, houses set on fire, or even blown down, stores made unusable and cause many dollars worth of damage.

But a meteorite is more sustaining, they don't explode just in mid air in mid-space/mig-atmosphere. They are knows to blow when about 10 feet off the ground or so and the actual force of the explosion leaves the crater but not the rock itself.

But the thing the thread started most likely witnessed was a meteorite hopping in and out of the atmosphere, and then finally got pushed out by possible "Wing" like forms formed by the rock being melted and the gravity pulling down. So thats the MOST logical thing I can possibly imagine.
-Fingers so tired...

EDIT: I remember doing some searching on google and it says that a RECENT meteorite had been detected passing by earth, and it may have just slightly skinned the atmosphere, as I suggested

Wouldn't a balloon be a good answer as it would be likely to zig zag?

Yes it would, but at the same time if a balloon iginted, it would simply discinagrate, and a balloon can NEVER achieve such an EXTREME speed on it's own to ignite, and I don't mean like 600mph I mean like 20000mph or more is needed to ignite. And if the balloon somehow wondered into space, it wouldn't come back down, simply drift away into the unknown. That idea makes me cry, and wonder about space and what's out there... And knowing I will never know in this lifetime, makes me even sadder.... *Sigh*
oh well.

Edited some spelling

Lights in the sky the one unexplainable things......
Hard to tell what it was without a pic,
but even then the possibility of finding out
wha it was is still slim to none.
Could be anything.