Relative Animation Presets Is there any way to create an animation (a bubble for example, that rises up on the y axis and fades in from 0 to 100 opacity), that can be saved as an animation preset, then that can be added to another bubble (from animation preset) in another position, and to have it take the change in position into effect?

Thanks,
Andy.
If you're trying to make multiple bubbles rise up, you'd probably be better off designing a single bubble, then using it as a particle, inside a particle engine (AE has free particle engines like "CC particle systems" built in, but it's tricky to use).  Trapcode Particular is quicker and easier, but not free.

e.g. 
http://people.redgiantsoftware.com/explore/presetdetail.aspx?presetid=831