Your answer put me on the right path. It is hard to look for information in Coral Draw without the right wording. I am posting what I found.
Interactive Fit Text to Path Tool
With CorelDRAW X3, it's never been easier to attach text to a path with precision — a common effect used in creating signs and logos. The interactive Fit Text to Path tool lets users simply select text, move the pointer along a path, and click to set the text's position. Users can also easily control the text's offset distance from the path.
In addition, users can scale the text after it has been placed on a path by simply selecting both the text and the path and dragging one of the handles.
Using the interactive Fit Text to Path tool
Click the Freehand tool, and draw a curved line to use as a path.
Click the Text tool, click anywhere in the drawing window, and type.
Click Text > Fit Text To Path.
The pointer changes to the Fit Text to Path pointer. As you move the pointer along the path, a preview of where the text will be fitted is displayed.
Move the pointer along the path, and click to fit the text.
With a closed path, the text is centered along the path. With an open path, the text flows from the point of insertion.
On the property bar, adjust the value in the Distance From Path list box.
On the property bar, adjust the value in the Horizontal Offset list box.
In the Mirror Text area on the property bar, use the Mirror Horizontal or Mirror Vertical buttons to choose the text's orientation.
Swith to the text tool and movve the curser to the outside of the path (line) the curser will change and you can automatically start typing your text on the path.
For text betow the path (ellipse) do this
Type your text, go to (menu bar) Text/Fit Text to Path
and click your path, drag the text to the bottom of the ellipse, (property
bar) click mirror text horizontally and vertically, then drag a to aling to
top of font.
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