Thanks. I copied and pasted your examples into an entry and see the following effect:
When the appears as a tooltip, the lists appear as bullet points and numbered lists as you describe.
When I open the entry, the lists appear as in your reply i.e. with asterisks and hash signs
Is this correct?
If so, it's note what I really wanted when I originbally asked for text formatting. What I wanted were buttons in the open entry window like a word processor so I could select a list of words, hit the 'Bullet' button and bullet points would appear next to each word as per in 'Word'. And much the same for numbered lists and indents. Also, if I select words with bullets or numbers and press the relevant button 'off' the formatting is removed (again, as per a word processor).
Is this possible?