Decorating Text with Colorful Bulbs

Start by typing an alphabet.

Right click the text layer and select convert to shape.

Select the path using direct selection tool. Distort the path as shown.

Fill it with an orange color.

Double click the layer to open layer style window. Apply layer style with the settings shown.

Create a circle using elliptical shape tool.

Double click the layer to open layer style window. Apply layer style with the settings shown.

Duplicate the layer and place on the other side.

Create a rectangle using rectangular shape tool. Press Ctrl+T. Right click the layer and select distort. Adjust nodes to get the shape as shown.

Apply some bevel&emboss effect to the rectangle.

Similarly create more rectangles and place as shown. Distort and fill with different colors.

Select and merge all the layers. Duplicate the layer. From filter menu select blur>>motion blur. Apply settings as shown. Move this layer below all the layers in layer order in layer palette.

Create a shape as shown using pen tool.

Double click the layer to open layer style window. Apply layer style with the settings shown.

Duplicate the layer and place it for the other side.

Similarly type other alphabets and repeat the above mentioned steps.

Select and merge all the layers. Duplicate the layer and change the layer mode to multiply.