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Yes, using the inspector. With the desired actions selected, hit Command-Shift-I or click on the "i" button in your toolbar or go to the Inspectors -> Show Inspectors menu option.

Alternatively, you can select one or more actions and right-click on them to get a contextual menu that allows you to set a context (among other things).

Hope this helps.


PS - Argh! 4 minutes too slow!