Hi,

I am pretty new to Flash and was wondering if anyone knows where to find a
tutorial that shows how to make text look like moving fast and when it stops it
streches out. In other words I want the word "FAST" to fly across a banner
and slam on its brakes.

I hope that makes sense and thanks for any advice.

Google "flash squash stretch animation tutorial" for lots of links. Here's one right off the top from Adobe's site:

http://www.adobe.com/devnet/flash/articles/squash_stretch.html

Good luck!