$(document).ready(function () {
	createTicker();
}); 

function createTicker(){
	//set the quotes array
	tickerItems = new Array(
	'<strong>Latest News:</strong>  <a href="http://www.z3media.com">This is the first news heading. This is the first news heading. This is the first news heading.</a>', 
	'<strong>Latest News:</strong>  <a href="http://www.z3media.com">This is the second news heading. This is the first news heading. This is the first news heading.</a>',
	'<strong>Latest News:</strong>  <a href="http://www.z3media.com">This is the third news heading. This is the first news heading. This is the first news heading.</a>',
	'<strong>Latest News:</strong>  <a href="http://www.z3media.com">This the last news heading.</a>'
	);
	i = 0;
	tickerIt();
}

function tickerIt(){
	if( i == tickerItems.length ){
		i = 0;
	}
	//change without effect
	//$('#ticker').html(tickerItems[i]);

	//change with effect
	$('#ticker').fadeOut("slow", function(){
		$(this).html(tickerItems[i]).fadeIn("slow");
		i++;
	});
	
	//repeat - change 5000 - time interval
	setTimeout("tickerIt()", 10000);
}