NOTE: Re a special type of Animated Cursor...

You HAVE TO "Apply" "Kenny's Balloon Head" to see how it works.

Simply 'Running' it will show the individual Frames, but NOT the intended look.

This ANI uses a variable "Hot Spot" (Where you click the cursor).  
It is always in the "center" when running, and is indicated by the
Translucent Dot.

(If you just look at the ANI running within a box Preview, you'll miss 
the Whole Point of this Cursor.)

If you just want to test it, Apply it as your "Question Cursor".
Then click on the "?" of the Mouse Control Panel to see it work.

I suggest using it as the "Wait" or "Busy" Cursor.

Have Fun!  ;-)