var headline_count;
         var headline_interval;
         var old_headline = 0;
         var current_headline = 0;

         $(document).ready(function(){
           headline_count = $("div.headline").size();
           $("div.headline:eq("+current_headline+")").css('top','5px');

           headline_interval = setInterval(headline_rotate,5000); //time in milliseconds

         });

         function headline_rotate() {
           current_headline = (old_headline + 1) % headline_count;
           $("div.headline:eq(" + old_headline + ")").animate({top: -30},"slow", function() {
             $(this).css('top','30px');
           });
           $("div.headline:eq(" + current_headline + ")").show().animate({top: 5},"slow");
           old_headline = current_headline;
         }