Hi:
It sounds like a problem with the security system. Does the key have a small resister in it? If so and you have another key, try a different key. If when trying to start the security light flashes, it's not recognizing the key and thinks the car is being stolen so it shuts down. If the extra key doesn't work, there most likely is a problem in the steering column with the sensor. If that is the case, I recommend taking it to a dealer for repair. They will have the specialized testers to check and repair the system.
Let me know if this helps.
Joe
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Sunday, December 21st, 2008 AT 12:06 AM