Abstract
X-rays trace accretion onto compact objects in binaries with low mass companions at rates ranging up to near Eddington. Accretion at high rates onto neutron stars goes through cycles with time-scales of days to months. At lower average rates the sources are recurrent transients; after months to years of quiescence, during a few weeks some part of a disk dumps onto the neutron star. Quasiperiodic oscillations near 1 kHz in the persistent X-ray flux attest to circular motion close to the surface of the neutron star. The neutron stars are probably inside their innermost stable circular orbits and the x-ray oscillations reflect the structure of that region. The long term variations show us the phenomena for a range of accretion rates. For black hole compact objects in the binary, the disk flow tends to be in the transient regime. Again, at high rates of flow from the disk to the black hole there are quasiperiodic oscillations in the frequency range expected for the innermost part of an accretion disk. There are differences between the neutron star and black hole systems, such as two oscillation frequencies versus one. For both types of compact object there are strong oscillations below 100 Hz. Interpretations differ on the role of the nature of the compact object.
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