See if this doesn't start you on the right direction:
Code:
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01//EN"
"http://www.w3.org/TR/html4/strict.dtd">
<html>
<head>
<title></title>
<script type="text/javascript" src="http://ajax.googleapis.com/ajax/libs/jquery/1.3.2/jquery.min.js"></script>
<script type="text/javascript">
$(document).ready(function() {
/* start */
var str = $('.post p').html();
$('.post p').empty();
for (var i = 0, len = str.length; i < len; i++) {
jQuery.each(str[i], function(index, item){
$('.post p').append('<span>' + item + '</span>');
});
}
/* hover fade thingy */
$('.post p span').each(function(int){
$(this).bind('mouseover', function(){
//if($(this).text() == 'b'){
$(this).css({'opacity' : '0.4'});
//}
});
});
/* end hover */
/* end */
});
</script>
<style type="text/css">
.post p span {
float: left;
padding: 5px;
}
</style>
</head>
<body>
<div class="post">
<p>abcdeabcde</p>
</div>
</body>
</html>