Elements does not support masks out of the box, but you can get free actions that will add this capability. . . really, it is there, they just don't expose the interface.
Free Layer Mask Tool for Photoshop Elements (Win/Mac Any Version)
If that one doesn't work for you just do a google search, there are others.
Not sure what you mean about missing the Move tool and foreground color. . . move tool should be in the upper left corner of the palette (assuming you are using PSE6?) foreground color you get by clicking the foreground color square.
Type is literally for type- as in text. Won't show until you you have put some text in an image with the text tool.