I would read it as this--knit the 5 stitches, and then count them as 1,2,3,4,5 from the right tip and lift 2,3,4,and 5 over stitch 1 and off the right tip.
"Trust the pattern!"
Time flies like an arrow, but fruit flies like a banana.
Hop aboard while we follow the cloud-covered van of knitting harmony, man!! Woooo!! --Hedgehog
IngridKH on Ravelry