Photoshop Elements 5 does it have image ready?

Question

I highly doubt it does but is there a way in photoshop elements 5 to make gif using video clips? I would like to make icons like this one http://i18.tinypic.com/2uent3m.gif I did not make this one I'm only showing you what I want to do.

Answer 1

No, it doesn't.

Go to this website and see if there are any freeware or shareware programs that might help:
http://www.freebyte.com/graphicprograms/