Bulleted List

Does anyone know how to create a bulleted list in Action script for a dynamic text box. For example: I want the list set up like this:

*Assisted living

this is a test for assisted living

I used the following code and it works but when I put in a break, the next line starts another bullet. I want the next line to be a part of the first bullet.

<ul><li><b>Assisted living</b><br>

You don't need the <br>, just end that list line </li>, and start another.
Example:
<ul>
<li> Line 1</li>
<li> Line 2</li>
</ul>