Adobe Photoshop CS3 Keys for selecting, editing, and navigating through text keyboard shortcuts keys

Shortcut                                                                                      Command
Ctrl-drag type when Type layer is selected	Move type in image
Shft + Left Arrow/Right Arrow or Down Arrow/Up Arrow, or Ctrl + Shft + Left Arrow/Right Arr	Select 1 character left/right or 1 line down/up, or 1 word left/right
Shft-click	Select characters from insertion point to mouse click point
Left Arrow/Right Arrow, Down Arrow/Up Arrow, or Ctrl + Left Arrow/Right Arrow	Move 1 character left/right, 1 line down/up, or 1 word left/right
Shft-click	Create a new text layer, when a text layer is selected in the Layers palette
Double-click, triple-click, quadruple-click, or quintuple-click	Select word, line, paragraph, or story in Photoshop
Ctrl + H	Show/Hide selection on selected type
Ctrl	Display the bounding box for transforming text when editing text, or activate Move tool if cursor is inside the bounding box
Ctrl-drag a bounding box handle	Scale text within a bounding box when resizing the bounding box
Spacebar-drag	Move text box while creating text box in Photoshop