Saw a bright light falling quickly in the sky, looked like something burning very brightly and falling at a very quick rate. It disappeared behind the horizon then began to slowly rise into the sky. At that point I notice another light in the sky, that didn't seem to have fallen. Both were pulsating lights, very small. Clearly distinctable from a plane or a helicopter. They were both close to each other and moving at a rate and in directions different from that of a plane. I have a short video of the fallen light rising.