Sherry is starting to become very popular, and this is easily the most famous sherry-based cocktail. A very nice aperitif, it also would go well with a cheese course, or when you have had a few stiffer drinks and need a change of pace.
2 oz Dry Sherry
1 oz Sweet Vermouth
1 dash Orange Bitters
Combine in an ice-filled glass and stir for 15-20 seconds. Strain into a cocktail glass.
Enjoy.