Is it possible ? I know I can split a track into an audio and video track..however if I want to crossfade from one video to another, that would require 2 or more video tracks. How would I either add or create multiple video tracks ?????
But let me also take a guess as to the problem you may be running into. You have the one long clip both in your Media bin, as well as on the timeline. You're going to want to have two clips. The easiest way to do this would be to first split the long clip ... actually, it'll be clearer if I just whip up a quick video showing how to do this. :) Here you go: http://www.screencast.com/t/URxppd3H00