AS2 effect

This effect is haunting me. I know that this is probably easier to achieve in as3, but i need to figure out how to code this in as2. I know that my example is most likely as3 as well but i have come across this effect numerous times over the years. Most of them were in as2.

Here is an example of the effect, It’s the hanging headphone cables. This might be an extension of a ragdoll effect.
http://europe.nokia.com/musicalmighty

What I’m trying to create is a sign that swings harder depending on how hard the mouse hits it.