Written by Mat Dwyer Created: October 18th, 2004
Hey All
This is a very easy tut, and can be done 2 ways. One is much easier, so thats the way I'll do the tut with, but I'll say the hard way as well.1) Open up your photoshop document. Take out the Text Tool.
2) Type in your text, bigger for a better effect.
3) Go into blending options, and add such effects as "stroke" "bevel and emboss" or "outerglow". Others will look good, but not as good.
4) In your layer pallete, Set the "fill" to 0%.
5) Your done
Wasn't that easy 
... Now add a cool background and you can make a cool sig! Heres what I got by Going Reder Clouds, then difference of clouds like 40 times, then invert and equalize, and finaly hue/saturation. Its just the blank text with a stroke, outerglow and bevel and emboss
The hard way!
On step 4, Rasterize the later. Then CTRL click and press delete. You will get close to the same effect, but to be honest it doesn't look as good. (In my example my bevel and emboss went away.