\usepackage{pstricks, pstcol, pst-text}
\begin{pspicture}(-4, -3.2)(3, 0.2)
\psset{linecolor=white} % hidden
\pstextpath
{\pscurve(-4, -2)(-2, 0)(0, -3)(2, -1)%
(3, -2)(5, -3)}
{\color{blue} % font color
If you want to type
$(a+b)^n=\sum_{k=0}^n {n\choose k}
a^{n-k}b^k$ and let it follow along
a curving line \ldots}
\end{pspicture}