This weekend is the time for the annula perseid meteor shower. Apparently this year is won't be too spectacular, because the moon's going to be 87% full and will basically be outshining the meteors.
How sad... still, you might catch a few, especially if you're watching tonight or tomorrow evening before the moon rises. NASA says there's potential of seeing something called an "earthgrazer" if you lie back and look up between about 8-10 PM. An earthgrazer skims horizontally across the sky, just touching the atmosphere (sort of like a stone skipping across a pond). To us it will look like it's moving north to south.
I would love to get out of the city and lie back on a blanket for a few hours and watch - too bad I'm not still in the middle of rural Coloado like I was last week; that would have made for a perfect view. Oh well - it will be back next year and apparently the moon won't be getting in the way: it should make for a much better view.
Nature's pretty cool, huh?