What you will need:
- 3 relay coils (I had some with 200 and others with 600 windings);
- 1 HD magnet;
- 3 diodes (general purpose diodes are ok, I used 1n5818 schottky for the low voltage drop);
- 18 blue LEDs (you may use how many you want or even other colors - white is also cool).
For the continuous mode just add:
- 1 capacitor (4700uF seemed fine, you could test some other values);
- 1 switch to be able to choose between modes.
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Signing UpStep 1: Circuit diagram
When the capacitor is connected to the circuit, it will be charged and will keep the LEDs on for some time when no coil is providing power.



























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About how many volts dose this produce?
At the moment I'm using battery powered blue wheel lights - big chunks of silicon that slide in between the spokes.
as i recon resistivity is propotional to length,area of crosssection
the other i saw the led blinking bicycle tyre (http://www.nightbrighttyre.com/) which look amazing. Now I found your instructables which +/- does the same; unfortunately it looks a bit beyond my knowledge :( I have no eletronic knowledge at all