var activeSlide;
function slide() {	
	prevSlide = activeSlide;
	activeSlide.fadeOut(2000);
	activeSlide = activeSlide.parent().next().find("img");
	if(!activeSlide.size())
		activeSlide = prevSlide.parent().parent().find("> li:first > img");
	activeSlide.fadeIn(2000);	
}

$(function() {

	activeSlide = $("#slideshow > li:first > img");
	$("#slideshow > li:not(li:first) > img").fadeOut(0).hide();
	
	setInterval(slide, 8000);

});