Next Previous loads index posts

I don’t think so really..

<?php get_header(); ?>

<div id="content" class="clearfix">

	<div id="left-col2">

			<div id="left-top3">

							<?php $featured = new WP_Query('category_name='.get_option('woo_featured_category').'&showposts=5&order=DESC'); ?>
<?php while ($featured->have_posts()) : $featured->the_post(); ?>
<div id="left-top2"></div>
<div id="left-col3">
<div class="left-content">
<div class="relative">
								<div class="clearfix">

                    </p>

<div id="div-1a">
<span class="day"><?php the_time('j'); ?></span>
<span class="month"><?php the_time('M'); ?></span>
</div>

						<h2><a href="<?php the_permalink() ?>" rel="bookmark" title="Permanent Link to <?php the_title_attribute(); ?>"><?php the_title(); ?></a></h2>				

<a href="<?php the_permalink() ?>"><?php
	if ( has_post_thumbnail() )
		the_post_thumbnail( 'thumbnail' );
	else

?></a>

<?php if ( get_post_meta($post->ID,'image', true) ) { ?> <!-- DISPLAYS THE IMAGE URL SPECIFIED IN THE CUSTOM FIELD -->		

<a title="Permanent Link to <?php the_title(); ?>" href="<?php the_permalink() ?>"><img src="<?php echo bloginfo('template_url'); ?>/thumb.php?src=<?php echo get_post_meta($post->ID, "image", $single = true); ?>&h=<?php if ( get_option('woo_image_height') <> "" ) { echo get_option('woo_image_height'); } else { ?>135<?php } ?>&w=<?php if ( get_option('woo_image_width') <> "" ) { echo get_option('woo_image_width'); } else { ?>225<?php } ?>&zc=1&q=80" alt="<?php the_title(); ?>" class="featured-preview" /></a>          	

            					<?php } ?>

		        									<?php $GLOBALS['exclude'] = $post->ID; ?>     												

<?php the_content(__('(more...)')); ?>

<div class="category clearfix" >
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								</div>
							<div class="divider"></div>
</div><!--/relative-->
</div><!--/left-content-->
</div><!--/left-col3-->
<div id="left-bottom"></div><br /><br /><br />
							<?php endwhile; ?>
<center><div class="navigation2"><p><?php posts_nav_link(' ','Back','Next'); ?></p></div></center>

					<div class="divider"></div>
								<div class="clearfix">

					</div><!--inner-columns-->

				</div><!--left-top-->

	</div><!--left-col-->

	<div id="right-col">
		<?php get_sidebar(); ?>
	</div>

</div><!--content-->

</div><!--content-back-->

<?php get_footer(); ?>