This text has been positioned relative to the above image.
It is offset 10 pixels down and 20 pixels to the left.
As you can see, the italicized text above is displayed 40 pixels over and 10 pixels down from where it would normally be displayed.
This text has been positioned relative to an image floated left.
It is offset 20 pixels down and 20 pixels to the left.
This text has been positioned relative to an image floated right.
It is offset 20 pixels down and 20 pixels to the left.