Dead simple JS / jquery slideshow

slide.jquery.js

$('.slide').each(function() {
  $(this).hide();
});

(function shownext(jq){
  jq.eq(0).fadeIn(500, function(){
    $(this).delay(5500).fadeOut(250, function() {
      if ((jq=jq.slice(1)).length == 0) 
       (jq=$('.slide')).length && shownext(jq);
      else
       shownext(jq);
    });;
  });
})($('.slide'))