Photoshop CS4 slice selection area not showing up, why?

Tacit Knowledge

New member
Bear with me while I explain this problem....
I have Photoshop CS4
When I use my slice tool to make a new slice, Photoshop does not show me that dotted gray line that outlines where the new slice will be made. Makes it every difficult for slicing.

Once I made the slice, the orange line outlining the slice shows up just fine - but then if I attempt to move the slice lines I can't see the slice outlines move until the change is made final.

Is this a settings problem? Does anyone know where to go specifically? Please be thorough in your answers. Thanks!
 
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