#rotator
{
  float:left; 
  position:relative; 
  width:398px; 
  height:240px; 
  background-image:url(images/loading.gif); 
  background-repeat:no-repeat; 
  background-position:center;
}

#rotator img
{
  display: none;
  position: absolute;
  top: 0;
  left: 0;
  z-index:2;
}