Squid Log Rotate

I'm confused about the way squid automatically rotates logs on linux.
When I install the RPM, it placed a squid file in the logrotate.d/
directory. I modified this file to rotated daily, however it does not
rotate the logs. This is a copy of the file on a redhat 5.2 server

/var/log/squid/squid.out {
    daily
    rotate 5
    copytruncate
    compress
# This script asks squid to rotate its logs on its own.
# Restarting squid is a long process and it is not worth
# doing it just to rotate logs
    postrotate
      /usr/sbin/squid -k rotate
    endscript
}

what am I missing....

Vernon Fort
Received on Mon Apr 05 1999 - 12:44:40 MDT