The absolute refractory period is considered to be a time during which no stimulus, no matter how great, can cause an action potential to be generated. This occurs after each nerve depolarization/action potential generation process. The way it accomplishes the depolarization is via the influx of sodium ions across the cell membrane facilitated by ion channels specific to sodium. As the action potential travels down the axon, channels are opened in a wave-like fashion to facilitate the conduction or movement of the signal from the cell body to the nerve terminal. Since these action potential are driven by ion gradients across the membrane, the cell must re-establish those gradients to repeat the process. This repositioning of ions, again accomplished by channels takes time and therefore accounts for the period during which further signals cannot be sent. A crude, but familiar, example of this might be flushing the toilet. You can only do it once and then must wait for the tank to refill (and regain the potential of the stored water) before it can be done again. This period is followed by the relative refractory period during which only a stronger than normal stimulation can elicit an action potential.