You probably see an empty box with an X or an empty space.
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This is the same thing that the visitors to your site will see within a few days of you linking directly to one of my graphics... an empty space or an empty box with an X in it.

Of course, if you continue to do it, I might replace the graphic that you want with something that you don't want, like this:

There are many other reasons to not directly link to a graphic on someones site...
did you know it will make your page load much slower?

To learn more, please visit this wonderful site: