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,5000); //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"); 
    } 
}