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Laurie McCanna's Photoshop Tip #33
Create Bold Text in Photoshop 5
Although Adobe brought many improvements to Photoshop 5, one of the main complaints is that you can no longer create bold or italic text from the Text dialog box without having the bold or italic version of a font installed.. This tutorial remedies this with a simple way to create a bold font without needing to have the bold version of a font installed.
1. In Photoshop, select File/New. Create your text using the Type tool. Right Mouse click (Windows) or Control+ Mouse Click (Mac) and select Render Text.
To achieve a bolder look, create the text but adjust the tracking in the text dialog box in order to give a little extra space between the letters. Then apply Edit/Stroke, and use a Width of two pixels and a setting of Outside (as seen in the third "Bolder Text" example, above).
3. Select Image/Mode/Indexed and save this as a gif file if you'll be using this for the web.
Remember, even though this technique is demonstrated with type, you could also use this effect on clip art, line art, or a logo.