yea, i think you guys are right. after doing a bit more research i think my size is probably more of a 58cm-ish, 22-23" frame.

anybody wanna take a peak at these and tell me what they think?
-raleigh grand prix 10spd, $160: http://seattle.craigslist.org/est/bik/446313975.html
-schwinn le tour (luxe?) 18spd, $145: http://seattle.craigslist.org/see/bik/442523242.html