Start a guest referee match. This code works best with The Rock. It doesn't matter who the wrestlers are (No pun intended). Start the match and as referee, run out of the ring and on the table. Stand on the bottom left corner of the table, and proceed to hold the analog stick left and the c-left button at the same time. You will begin to shake and slowly move to the left. Wait until your right foot is off the table, then let go of the stick and button. You will complete your taunt, but you will be suspended above the floor! Run around in the crowd and do whatever you like, you can kick people from above, etc.
***WARNING*** If you get Irish whipped, quit the match! The black void past the crowd is limitless and your game will freeze and possibly glitch if you run too far out.