He might have used cs 4,and used blending options "Drop shadow" "Bevel and emboss"
And duplicate it and transform it to the lower and lower the opacity .
You mean the reflection?
I copied the pic I wanted to reflect. Then I flipped it vertically and created a mask for the layer. I clicked the mask and with gradient tool (black to white gradient) I made it "dissappear at the bottom".
Then I lowered opacity
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