Online jQuery library
<script src="http://ajax.googleapis.com/ajax/libs/jquery/1.8.0/jquery.min.js"> </script>
Downloaded jQuery library
<script src="jquery.js"></script>
<script src="http://ajax.googleapis.com/ajax/libs/jquery/1.8.0/jquery.min.js"> </script>
<script src="jquery.js"></script>
var font_size=40;
$("#front_text").keyup(function(){
$("#preview_text").text($("#front_text").val());
var front_length = $("#preview_text").text().length;
if(front_length < 5){
$("#preview_text").css("font-size",font_size+"px");
}else if(front_length >= 5 && front_length < 10){
$("#preview_text").css("font-size",(font_size-10)+"px");
}else if(front_length >= 10 && front_length < 15){
$("#preview_text").css("font-size",(font_size-20)+"px");
}else if(front_length >= 15 && front_length < 20){
$("#preview_text").css("font-size",(font_size-25)+"px");
}else{
$("#preview_text").css("font-size",(font_size-29)+"px");
}
});