/* List Ticker by Alex Fish 
// www.alexefish.com
//
// options:
//
// effect: fade/slide
// speed: milliseconds
*/

(function($){
  $.fn.list_ticker = function(options){
    
    var defaults = {
      speed:12000,
      effect:'slide'
    };
    
    var options = $.extend(defaults, options);
    
    return this.each(function(){
      
      var obj = $(this);
      var list = obj.children();
      list.not(':first').hide();

      if (list.length > 1) {
        setInterval(function(){

          list = obj.children();
          list.not(':first').hide();

          var first_li = list.eq(0);
          var second_li = list.eq(1);

      		if(options.effect == 'slide'){
      			first_li.slideUp();
      			second_li.slideDown(function(){
      				first_li.remove().appendTo(obj);
      			});
      		} else if(options.effect == 'fade'){
      			first_li.fadeOut(function(){
      				second_li.fadeIn();
      				first_li.remove().appendTo(obj);
      			});
      		}
        }, options.speed);
      }
    });
  };
})(jQuery);