Glass Text Style One:
In this tutorial I will show you how to have this glass effect on your text:
However for this you will need to download Eye Candy.
Step One:
Type your text.
Step Two:
Press ctrl+a which selects the whole image. Then click the Magic Wand tool.
Step Three:
Change the mode to replace.
Now click the text and it should select it.
Step Four:
Got to Effects >> Plugins >> Eye Candy >> Glass.
Then change your settings to mine (Click to enlarge):
Press the tick and you're done!