Here is my code:

<?php endwhile; ?>
<p class="postnav">
<?php next_posts_link('&laquo; Older Entries'); ?> &nbsp;
<?php previous_posts_link('Newer Entries &raquo;'); ?>
<?php else : ?>
<div class="notfound">
<h2>Not Found</h2>
<p>Sorry, but you are looking for something that is not here.</p>
<?php endif; ?>

Is there anything wrong with it? I downloaded a word press theme and its suppose to have a link that allows me to store older article entries so they don't keep adding to the page. All older entries should be going straight to the archive page.