var container = $('#fade'), images = container.find('img'), total = images.length, cur = 0, timeout = 4000;
images.css("height", container.height()+"px").each(function(index) { // images must fit container
	if (index) $(this).hide(); // hide all images except 1st one (index==0)
});
setInterval(function() {
	$(images[cur]).fadeOut(function() { // fade out current image
		cur = ( cur==total-1 ) ? 0 : cur+1; // loop images count
		$(images[cur]).fadeIn(); // show next image
	});
}, timeout); // configurable in var line