We present a new type of bifurcation scenario where nonlinear saturati
on of a stationary instability takes place only because of the competi
tion with an oscillatory one. This is shown on the example of convecti
on at zero Prandtl number between stress-free boundaries. We show with
direct numerical simulations that time-dependent wavy rolls are gener
ated at the onset of convection. Using a Galerkin model, are analyze t
he nonlinear interactions between rolls and waves and find that they m
aintain the system in the vicinity of the oscillatory instability onse
t, thus preventing the blow-up Of the growing nonlinear roll solution.
An interesting feature of this type of dynamics is that the system is
self-tuned in the vicinity of a transition point.