With that aside, I just want to help save you the frustration if you are new to the PS and testing the LED in this manner (just in case). I was just wondering if you can adjust the current level (making the power supply both constant current and constant voltage). If so, be careful not to have the voltage on the supply too high (with no load) before attaching the emitter. Lets say you have it at 6V (by accident) before you connect the emitter. The power supply will adjust the voltage quickly, but obviously not quick enough for the LED, so the LED will see the 6V for a brief period of time. You can quickly toast the LED by sending too much voltage. I have done so when first testing my power supply (sort of intentionally on an old K2 just to see if it would send that short spike). Of course, 6V might not cause it to fail, and it may require over 10V, but it could (depending on the power supply). So set the voltage to the high end of the white LED range (~4V), and if it is not enough (due to the voltage drop in the thin power wires), then increase it to the point where your LED gets the proper amount of current. :)
Cheers,
-Tony