Glowing lightbulb eyes clown...

I remember some OP was looking for a story about a clown or clown doll (toy) that had glowing light bulbs for its eyes. I don't recall it being solved and have just come across this:

http://buzzfeed.com/louispeitzman/the-20-scariest-episodes-of-are-you-afraid-of-the-dark?utm_term=.ghXLbo7oA#.omEL2q5qw

The Tale of the Crimson Clown (1994)

google.com/search?q="the tale of the crimson clown 1994"&num=100&newwindow=1&source=lnms&tbm=isch

I'll let you know when I come-up with a new signature, .