This one uses the pentatonic tune used by children all over the world. Listen here.
Form a circle with Sally/Sammy seated in the center. Then follow the actions of the words:
Little Sally Water, sitting in a saucer,
Rise Sally, rise Sally, (stand up)
Wipe away your tears, Sally (pretend to wipe tears from eyes)
Turn to the east, Sally (close eyes, holding arm out and point while turning in place)
Turn to the west, Sally, (continue turning)
Turn to the one that you like the best, Sally (stop at end of verse, open eyes, and the child pointed to is the new center Sally/Sammy).
This is easiest taught by demonstrating rather than explaining. So leader, you be the first Sally/Sammy!