Originally Posted by
MrFatbooty
That's your shutter speed. Those numbers are the length of time (in fractions of a second) the shutter is open and letting light from the lens shine on the camera's image sensor.
For this purpose you want to turn the dial on top to M for Manual.
Check the "resources" sticky in the photography/photoshop subforum for tutorial links 'n such.
Or you can hit me up on AIM some time and I can sort you out.
Also Jae, if you are shooting handheld (without a tripod) you want to shoot at 1/60" or faster (i.e. 1/125, 1/250 etc). You will have to adjust the aperture to allow in the correct amount of light for a proper exposure.