CSS Animated "Preloader"

Created this while playing around with text/box shadows, gradients and CSS3 animations.

HTML

<div class="text">
    <p>Loading</p>
</div>
<div class="light"></div>
<div class="light two"></div>

CSS

body {
    background: #000;
    margin: 0;
    padding: 0;
    font-family:"Times New Roman", Georgia, Serif;
    font-size: 76px;
}
p {
    margin: 0;
    padding: 0;
}
.text {
    position: absolute;
    top: 55px;
    left: 200px;
    margin: 0;
    padding: 0;
    color: #000;
    background: transparent;
    z-index: 1;
    text-shadow: 0px 10px 10px #000;
    -webkit-animation: shadow 5.0s ease-in-out infinite;
    animation: shadow 5.0s ease-in-out infinite;
}
.light {
    position: absolute;
    top: 45px;
    left: 150px;
    width: 110px;
    height: 110px;
    margin: 0;
    padding: 0;
    opacity: 0.7;
    border-radius: 100px;
    z-index: 0;
    box-shadow: 0px 0px 40px rgba(255, 255, 255, 1);
    background: -webkit-gradient(radial, center center, 0px, center center, 100%, color-stop(0%, rgba(255, 255, 255, 1)), color-stop(100%, rgba(255, 255, 255, 0.2)));
    background: -webkit-radial-gradient(center, ellipse cover, rgba(255, 255, 255, 1) 0%, rgba(255, 255, 255, 0.2) 100%);
    background: radial-gradient(ellipse at center, rgba(255, 255, 255, 1) 0%, rgba(255, 255, 255, 0.2) 100%);
    -webkit-transform: translate3d(0, 0, 0);
    -webkit-animation: light 5.0s ease-in-out infinite;
    animation: light 5.0s ease-in-out infinite;
}
.light.two {
    z-index: 2;
    opacity: 0.6;
}
@-webkit-keyframes light {
    0% {
        left: 160px;
    }
    50% {
        left: 370px;
    }
    100% {
        left: 160px;
    }
}
@keyframes light {
    0% {
        left: 160px;
    }
    50% {
        left: 370px;
    }
    100% {
        left: 160px;
    }
}
@-webkit-keyframes shadow {
    0% {
        text-shadow: -7px 2px 7px #000;
    }
    50% {
        text-shadow: 7px 2px 7px #000;
    }
    100% {
        text-shadow: -7px 2px 7px #000;
    }
}
@keyframes shadow {
    0% {
        text-shadow: -5px 2px 5px #000;
    }
    50% {
        text-shadow: 7px 2px 5px #000;
    }
    100% {
        text-shadow: -7px 2px 5px #000;
    }
}