Entering Formula - Cannot select cell as it is hidden by formula

I'm using Excel 2007

When I'm entering a formula into a cell, the text of this formula if longer
than the cell covers the cell to the right and then I cannot click on this
cell to automatically put that reference in the formula. The same happens
when you are in a table, but the formula is centered on the cell, expanding
left and right. The names of the cells in a table are very long
'Table4[[This Row],[Column Name]' and thus is you select a few cells the
formula description is very long and you cannot 'click' on the cells to the
left or right.

Is there a way to prevent the display of the formula as it is being entered
on the cell, only in the formula bar?

Thank you,

JIM