This is probably because I've never watched (or plan to watch) Naruto, but everytime I watch this, I can't help but kill myself laughing when the dude yells 'ASUMAAAAA.'
Not that I find his death funny (Iunno 'Asuma' too well) but the yell...
Anyways, yeah. Uhm... I'd recommend getting rid of those subtitles (I couldn't understand them, so unless you made those subs yourself, which I'm sure you didn't, next time make em in English. You're speaking English now, so why should videos be any different? If you didn't make the subs, for the love of God crop them out if you're able to.)
I'm guessing this trailer was some tribute to this

ASUMAAAAA

guy so I'm going to say that for a tribute trailer thing, it could have been a lot better. You had a crapload of random scenes without

ASUMAAAAAA

and then all of a sudden you show him dying? Awright, this needs work. xD
Nice attempt, but you need to spend more than a couple days on these things. :I
EDIT: Looking at the title again, I see it was a tribute to a fight between like.. 4 people, or something? That's something you should take into consideration. It means that to one person (moi) the concept of the AMV was unclear. I thought it was a tribute to 1 person mainly, not 4.