Sounds like your program is Photoshop Elements and not Premiere Elements. Some how your thread got posted in the Adobe Premiere Elements Forum (video editing). Please re-post your thread in the Adobe Photoshop Elements Forum to take advantage of the specialized expertise there.
Before you get to the Adobe Photoshop Elements Forum, you may want to check out the following older Adobe Photoshop Elements Forum thread on missing Photos Effects and Actions
Also be sure to include details, version of Photoshop Elements being used, computer operating system, etc.