fading Text
Ok lets begin. Start up Flash, Create a new document/Movie. Make the work area a comfortable size or just use the default setting its fine. To change the work size, Go to Modify>Movie then enter desired width and height and click OK, ( I used 200 wide by 100 high).

With the text tool , Click in the work area and type out some word, (Make it a nice size so its easy to work with)

On order to fade text or any object, We need to make it a "Symbol" first:  With the arrow , Click on your text to select it, Now go to Insert>Create Symbol, Lets name it "Fade" and for behavior choose "Graphic". If you see a little cross hair in the middle of your selection, then you know its a symbol.

Right click on frame 10 and choose "Insert Key Frame". Ok for a "fade in" you will click on frame 1, For a "fade out" click on frame 10. For this lesson click on frame 1. Go to Modify>instance, Select the Color Effect tab. For Color Effect choose Alpha. Click on the Alpha fader and drag to 0, then click OK.

Now lets add our fade motion. Make sure frame 1 is still selected. Go to Modify>Frame, choose the "Tweening" tab and select "Motion" from the pop down menu and click OK.

Press Enter on the keyboard to play the animation.

To loop this movie,  Click on frame 10, Go to Modify>Frame and choose the "Actions" tab, and add a action to this frame by clicking the left" + " and set to "Go To", Then make control "Go to and play" on your current scene/frame and click OK.

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