Definitely this ^^^^^^
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Bottle rocket jousting on bicycles. Tape one of the old, small coke bottles horizontally on the handle bars. Insert several bottle rockets. Light them as you ride towards one another.
ETA: Roman candles worked great for this but we generally weren't rich enough to afford many of those.
What kind of lighter were you using that allowed you to get a flame while riding in the open air?
Zippo?
^That makes sense.
Ah yes, roman candle fights with garbage can lids for shields.
Good times.
Light 'em using a punk.
We would get in bottle rocket fights with the big kids...and they could afford the more reliable and higher quality Black Cat bottle rockets. We'd be trying to fight back with our cheapie/unreliable rockets.
Then there was breaking the bottle rocket off the stick and forming a circle around it and lighting it...I recall there being a culturally insensitive name given to these random rockets...