CSS Box Shadow Bottom Only

You can use two elements, one inside the other, and give the outer one overflow: hidden and a width equal to the inner element together with a bottom padding so that the shadow on all the other sides are "cut off"

#outer {
    width: 100px;
    overflow: hidden;
    padding-bottom: 10px;
}

#outer > div {
    width: 100px;
    height: 100px;
    background: orange;

    -moz-box-shadow: 0 4px 4px rgba(0, 0, 0, 0.4);
    -webkit-box-shadow: 0 4px 4px rgba(0, 0, 0, 0.4);
    box-shadow: 0 4px 4px rgba(0, 0, 0, 0.4);
}

Alternatively, float the outer element to cause it to shrink to the size of the inner element. See: http://jsfiddle.net/QJPd5/1/

Do this:

box-shadow: 0 4px 2px -2px gray;

It's actually much simpler, whatever you set the blur to (3rd value), set the spread (4th value) to the negative of it.