You can only save one effect at a time as a preset. You can not bundle effects into a single preset.
You can save more than one effect in a saved Effects Preset in My Presets in Premiere Elements 9.0/9.0.1.
Apply Stabilzer, Sharpen, Color Balance to the clip.
Click on Edit Effects to open to the files Properties Palette.
Edit the Panel for each of the effects.
Then hold down the Shift key, and click on each of the 3 Panels to select them all at one time.
Click any where in the selection, and click on Save Preset.
You will find that saved Preset under Edit Header/Effects/My Presets.
I have been there and actually done this.
Thanks for the replies.
I have got it to work now, makes some of my jobs very much easier.
Thanks for the follow up. Great news. Great job.
As always, best wishes with your Premiere Elements projects.