Step 1 - Open a New Document
Open up a new document big enough to fit your text. I used 300x100. Fill the background with a gradient of #1f4c8f to #20529f as shown here. This will be the background for your text.
Step 2 - Type your Text
Select the font type and type out the text you want to apply the effect to. I recommend the font myriad pro. I have used a white color for my first word and a very light blue for my second, though if you just have one word I suggest using all white.
Step 3 - Add Some Shadow
Right click the text layer and go to blending options. Use drop shadow with the settings shown here (click image to full view).
Step 4 - Creating a Gradient
Now comes the tricky part. Once again go into the blending options for the text layer and add these settings under 'Gradient Overlay'.
Step 5 - We Are Finished!
That's it your done, you text should look something like this:


cynthiagodwill@live.com
I am Cynthia I saw your profile today and found you worthy to be mine as some one whom i can lay on his arms as long as love is concern, caring and teasing you all the nightlong, If you are interested unknowing more about and for me to send you some pictures of mine my contact thus
Cynthia
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