FX Effect

Today I followed an online tutorial by my lecturer on how to make a FX kind of logo with a rainbow like design behind it and a glow for the letters. The video's I watched for the tutorial are here:

 http://www.youtube.com/watch?v=PY_XA9QSCME
http://www.youtube.com/watch?v=TsbXY_id1C0&feature=channel&list=UL
http://www.youtube.com/watch?v=RWIKN8MSiSU&feature=channel&list=UL

All Credit For These Video's Goes To: TheAdobeWorkshops:
http://www.youtube.com/user/TheAdobeWorkshops?feature=watch

and here is what i ended up with: