I'm hoping this will look right after I post it
It's very simple Rosie, just wrap the word you want to make a link with some HTML like this:
Click <[remove]a href="http://www.yahoo.com"[remove]>here<[remove]/a[remove]>
Just remove the [remove] term everywhere and you're in business! Sorry for the convoluted work around but have to disguise the HTML so you can actually see it.
What you would see when you post is: Click here
where the word "here" is now an embedded link.
I hope I'm making sense
ETA: Ooh, I think I can post the HTML to create embedded links without all the earlier confusion:
<code>Link</code>