<div id="toType">Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Curabitur tempus elementum tellus. Vestibulum mattis condimentum velit. Proin nonummy massa nec neque. In enim purus, vestibulum a, interdum sed, lacinia sit amet, elit. Donec nonummy bibendum elit. Praesent iaculis metus vel augue.</div>

<script type="text/javascript">
interval = 80; // milliseconds to wait between typing characters

if(document.getElementById) {
        typeTextHolder = document.getElementById("toType");
        if(typeTextHolder.innerHTML) {
                typingBuffer = ""; // prevents stripping spaces
                i = 0;
                typeText = typeTextHolder.innerHTML;
                typeTextHolder.innerHTML = "";
                type();
        }
}

function type() {
        regex = /<([^<])*>/; //html markup to remove
        typeText = typeText.replace(regex, "");
        if(i < typeText.length) {
                typingBuffer += typeText.charAt(i);
                typeTextHolder.innerHTML = typingBuffer;
                i++;
                setTimeout("type()", interval);
        }
}
</script>