var ticks,thisTick,nextTick,state,current=0,delay=4000;speed=20;value = 1;

function rotateNews(){
  var ticker = document.getElementById("front_news_text");
  ticks = ticker.getElementsByTagName("li");
  for (var i=0; i < ticks.length; i++) {
    if (i==0) {ticks[i].style.opacity = 1;} 
    else {
      ticks[i].style.opacity = 0;
      ticks[i].style.filter = "alpha(opacity=0)";
      ticks[i].style.display = 'none';
    }
  }
  loopNews();
}

function loopNews(){
	if(current>=ticks.length) current = 0;
	thisTick = (nextTick)?nextTick:ticks[current];
	nextTick = (ticks[++current])?ticks[current]:ticks[current = 0];
	thisTick.style.display = "block";
	state = 'on';
	value = 1;
	window.setTimeout(fader,delay);
}

function fader(){
	if (state=='on') {
  	value = value - 0.1;
  	value = parseInt(value*100)/100;
	  if (value >= 0) {
  	  thisTick.style.opacity = value;
  	  thisTick.style.filter = "alpha(opacity="+(value*100)+")";
	    window.setTimeout(fader,speed);
	  } else {
  	  thisTick.style.display = "none";
	    nextTick.style.display = "block";
	    state='off';
	    window.setTimeout(fader,speed);
	  }
	} else if (state=='off') {
  	value = value + 0.1;
  	value = parseInt(value*100)/100;
    if(value <= 1){
  	  nextTick.style.opacity = value;
  	  nextTick.style.filter = "alpha(opacity="+(value*100)+")";
  		window.setTimeout(fader,speed);
  	} else {loopNews();}
  }
}