Was reading this guide here.
http://www.kirupa.com/developer/mx/preloader_transition.htm
And when double clicking on the transition movie clip I get one small raw with red P’s… How does one gain those? And what do they do? 
Tx for any help people 
Those are frame labels. You can link to a frame targetting its label or just use them to better organize your movie.
To label a frame, select the frame and on properties panel, fill the ‘frame label’ field.
Well mate, didn’t expect information THIS fast 
I am very thankfull for your help
You’re welcome =)
And welcome to the forums 
Tx mate, have to do a schoolproject and throw together a small flash site about zelda…
and I ain’t exactly that gifted with flash hehe