var color      = '';
     function flashtext() {
      if (color == '#DB222A') {
       color = '#FFA708';
      }
      else {
       color = '#DB222A';
      }
      if (document.getElementById('flashingtext')) {
          document.getElementById('flashingtext').style.color = color; 
      }
     } 

     setInterval( 'flashtext()', 500 );