At the first sight, maybe you've got the impression that it is a motion tween effect or an effect utilized ActionScript. However, the fact is that it was not created by using motion tween or ActionScript. By using Sothink SWF Quicker, you can make it.
How is the effect created? Please follow the step-by-step tutorial to create it yourself. There are only 5 main steps to create the effect, each of which is really easy to follow and learn.