I see 4 shapes but where are the other shapes that are in the presets on the computer? They are not displaying in photoshop elements and when you go to the presets in photoshop elements custom shapes does not display. There is brushes, gradient, etc but not custom shapes
You just need to select the custon shape tool (it's the "funny looking shape" ... I manually install shape libraries, so my shape directory will look different than yours. I installed a 10,000 shape library just a couple of days ago.