Thanks for your help!
The first one results in only the title being shown unless a more tag is used in the post. If a more tag is used, the excerpt shows, but no tag or even dots show, its just blank after the excerpt.
The second one works for a static excerpt length and text, but I want to be able to use different more text on each post (for SEO purposes) and vary the length to enticing people to read purposes.
Thanks for the info about the other problem. I'd noticed problems with strong tags not being closed and the whole rest of the page being in bold!
I know the code I showed you had excerpt at 55 but I actually show a much longer excerpt so that short posts appear in full and only super long posts get cut off, which is partly why I don't want to lose the styling.
I'd changed it back to 55 while I was testing some stuff out.
Any ideas on how to get the first option to actually show the more text I have included in the tag, and to show a default length excerpt if no more tag is used?