Just to clarify things for me, you have Imported your Video file into a Project in PrE. You have dragged that file from the Project Panel to the Timeline, and now wish to play that in the Program Monitor. Is that correct?
If so, does the Program Monitor not show the Video?
If so, what is the Project Preset chosen at New Project, and what are the specs. of that Imported Video file?
Importing Video http://forums.adobe.com/thread/1065281
Saving & Sharing http://forums.adobe.com/thread/1051093
Sharing for Computer http://forums.adobe.com/thread/1058237
But do be aware that anything you export out of the trial version will contain a note to that effect - Remove Watermark http://forums.adobe.com/thread/433730?tstart=30
And, some more reading...
Steve's Basic Training Tutorials... steps are the same for several versions
Premiere Elements Updates http://www.adobe.com/support/downloads/product.jsp?product=101&platform=Windows
AVCHD to DVD http://forums.adobe.com/thread/862611
Moto Audio Problems http://forums.adobe.com/thread/869519
Cyberlink Timeline Problem http://forums.adobe.com/thread/882117
Will NOT edit Flash http://forums.adobe.com/thread/911671
Elements and AVCHD http://forums.adobe.com/thread/947846
Right click PDF link in the upper right corner and select to save to your hard drive
And what model of camcorder is your video coming from and what format and resolution is it?