jQuery.fn.liScroll = function(settings) 
{
	settings = jQuery.extend({
		travelocity: 0.07
	}, settings);		

	return this.each(function(){
		var $strip = jQuery(this);
		$strip.addClass("newsticker")
		var stripHeight = 0;
		var $mask = $strip.wrap("<div class='mask'></div>");
		var $tickercontainer = $strip.parent().wrap("<div class='tickercontainer'></div>");								
		var containerHeight = $strip.parent().parent().height();	//a.k.a. 'mask' height

		$strip.find("li").each(function(i){
			stripHeight += jQuery(this, i).height();
		});

		$strip.height(stripHeight);			
		var defTiming = stripHeight/settings.travelocity;
		var totalTravel = stripHeight+containerHeight;								

		function scrollnews(spazio, tempo){
			$strip.animate({top: '-='+ spazio}, tempo, "linear", function(){$strip.css("top", containerHeight); scrollnews(totalTravel, defTiming);});
		}

		scrollnews(totalTravel, defTiming);				

		$strip.hover(function(){
			jQuery(this).stop();
		},
		function(){
			var offset = jQuery(this).offset();
			//var residualSpace = offset.top + stripHeight;
			var residualSpace = stripHeight - offset.top;
			var residualTime = residualSpace/settings.travelocity;
			scrollnews(residualSpace, residualTime);
		});			
	});	
};