A dynamic cursor for a computer graphical user interface changes according to the processing state of applications over which the cursor is located, or with respect to an operating system element. A normal cursor is displayed when either the operating system element, or an application over which the cursor is located, can be accessed in a normal manner. A standard wait cursor is displayed over busy applications that require a user to wait until interacting with the application, when the application is active in the foreground of the computer system. When the application is busy and operating in the background, a hybrid wait cursor is displayed that indicates to the user the busy state of the application and the user's ability to interact with operating system elements or other applications regardless of this busy state. Other forms of hybrid cursors are disclosed that indicate the results of a drag operation, and quantitative data pertaining to objects being dragged.