Open up a new document with any type pf background you want and put in your text (preferrably in white, you can change the colour later)
http://img225.echo.cx/img225/2741/blankdd0ax.jpg
next, duplicate the layer with the text on it and Filter > Blur > Gaussian blur on the layer above with radius 5.0
http://img225.echo.cx/img225/756/dd1glow8jr.jpg
now hit Ctrl+F a few times according to your liking (I did 2)
http://img225.echo.cx/img225/7173/dd2glow8lf.jpg
now move the layer with the glowing stuff under the one with the plain text
and now you can change the colours of the glow
to make it black, hit Ctrl+U and move the lightness slider to -100
http://img300.echo.cx/img300/4070/ddbglow9mb.jpg
to make it a regular colour (from white), hit Ctrl+U, check Colourize, and move the lightness slider to around -50, then choose a colour.
http://img300.echo.cx/img300/1094/ddblglow4qa.jpg