How do you create bullet points in external text in flash mx? I need help bad

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I need to create bullet points in an external text file that is being used with a scrollbar component, I have tried a bunch of things but can not make it work. when I use the html tag <li>word</li> the flash movie just reads the html code as I typed it. I have the html box turned on in flash. So I am stumped. Does any one know how to create bullet points for external text in html or better yet dirrect me to an example of bullet points working externally in flash mx.