the text was just made big for my example :P
for the reflection i duplicated the text layer
flipped it vertically (edit - distort -flip vertical)
then i duplicate the flipped layer and remove all layer effects
link the 2 new text layers i have made and merge them.
then i added a layer mask to our upside down text
use the foreground to transparent gradient to give it the fade effect at the bottom.
then just fiddle with the opacity of the layer itself![]()







