iCloud photostream issues with iPhoto 9

MacbookPro 2013, running 10.9.1 with iPhoto 9.5.1

I have set up a new photostream with iCloud and it's fine on all my devices, but when I try to open the pics through iPhoto it takes me to my 'trash folder'.

I can see the folder and the thumbnails are all fine?

When I then try to play the slideshow, the images appear but are overlaid with the word 'trash'

Very wierd. 😕

Any advice?