Preloader for each image

[font=Trebuchet MS]Hi guys
I’ve been using Senoculars portfolio as a gallery and it’s working just brilliantly… However, I would like for a preloader to show the progress of the loading image as it is clicked instead of the static ‘Loading…’ text on the layer below the image, appearing in the background.

Is there anyway to impliment this… a dynamic preloader I mean?
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/mette[/color][/font]