How do I move default text along an arc over time?

Question

I have placed "Default Text" on a separate video track. In the video, a hand is pointing along an arc for 1.5 seconds.  I want the text to follow the arc as the hand is moving.
I stumbled upon how to do this while pointing and dragging at different things in the frame, then I messed up the edit and CTRL-Z'd myself back to a better point AND I LOST THE ABILITY to do it.
When it was working, I would see my text in its frame, and the center of the frame had a cross-hair.  By positioning the scrubber at the start and ending points, there was a line drawn from the cross-hair to the text.  The starting point had a line showing the beginning position, the ending point had it showing the ending position.
Now when I try to move the text, I get one of two things (neither of them work to my plan):
1) I have the "Adjustments" window open and the pointer tool is used to fix the position of the text in my "Default Text" frame.
2) I am moving the entire frame around in the preview window and the cross-hair moves along with it.
I had stumbling onto something and I don't know how I got there.
Thanks for any help you can give.
Me: Windows 8.1 64-bit, Adobe Premiere Elements 13

Answer 1

No.  My apologies.  I'm not looking to align text over an arc.  I am looking for a way to move fixed text along a path.
Let's use the the word "Hello" to represent the text.  The text is in the lower left.  Two seconds later, the text is in the upper right.  When you play the video the word "Hello" moves from the lower left to the upper right over a span of two seconds and it does so in an arc.
How I've learned to do it:
Position the scrubber and select the text segment in the timeline.
Select Tools> Pan and Zoom.
Click "Done"
The default is crap, and I don't want it.
Look in the preview window.  You will see the frame of your text box with control squares on the outside and a crosshair in the middle.  The crosshair has a dot in the middle of it.
Patiently press CTRL-Z 4 or 5 times until the dot goes away.  This gets rid of all of the default Pan and Zoom effect.
Then press CTRL-SHIFT-Z (Redo) to get that dot back.
You are now in free-hand pan and zoom.  <----  That's the tool I want.
Position the scrubber within your text segment's timeline to the exact point you want to free-hand pan and zoom.
Click the center of the crosshair.  That's the beginning of your arc.
Move the scrubber to a few more points along the text segment and click the center of the dotted crosshair to create points along an arc.
As you edit this way, you will notice a dotted line between the anchor points.  This shows you how fast the pan will move.  More points means slower movement.  You will also have bezier tools to control the curve of the arc.  (I'm discovering all of this myself in the time it takes me to type this).
If you want, you can also change the size of the frame using the controls on the sides of the frame to create zoom in and out effects.
It's a nifty little tool.  What's the shortcut?