Thanks! I've been monkeying around with the App for several years but have never really given a serious go until recently. Being a mainly a Flash guy it's been hard to break the habit. The latest version of Adobe Flash has driven me to find something new for my 2D Character Animation.
It would have been nice if Adobe had added the new Puppet tool they put in After Effects into Flash. Anyways it doesn't matter I'm using AS now. Animating this run cycle in a matter of minutes has convinced me to make the change.
Thanks guys! I applied a Perspective Shadow from the Scripts menu on frame 0 before my actually animation. (Scripts/Layer Effects/Perspective Shadow) From there I used some of the transform tools to adjust the Shadow layers to get the placement I wanted. You will have to render the image to see what the actual shadow looks like. If you need to tweak your shadow after that go into your Layer Settings for your Shadow layer and adjust opacity, blur radius and more.