I think he (@Manarsoft) is talking about something similar (but applied to ojbect) to the sprites�origin quick assigment option: top left, top, top right, left, middle, right, bottom left, bottom, bottom right), and a fast way of doing the same thing with object inside the editor and layout view.
As far as I know, there is not such option, but, as Kyatric says, you can always set the desired x,y to the object and position it where you want. It�s quite fast, and very exact :).
I don�t know what it A delphi alignement palette %).