var newsitems;
var curritem=0;
var iPause=0;


$(document).ready(function(){
	var tickerSelector = "ul#ticker li";
	newsitems = $(tickerSelector).hide().hover(
		function(){
			$(this).addClass("hovered");
			iPause=1;
		},
		function(){
			$(this).removeClass("hovered");
			iPause=0;
		}
	).filter(":eq(0)").show().add(tickerSelector).size();
	setInterval(ticknews,8000); //time in milliseconds
});

function ticknews() {
	if (iPause==0){
		$("#ticker li:eq("+curritem+")").fadeOut("slow",function(){$(this).hide();});
		curritem = ++curritem%newsitems;
		$("#ticker li:eq("+curritem+")").fadeIn("slow");
	}
}