enumerates the states in which code is executed...

... and fixes an awkward phrasing.

docs/appcontext.rst

@@ -5,12 +5,15 @@ The Application Context
 
 .. versionadded:: 0.9
 
-One of the design ideas behind Flask is that there are two different
-“states” in which code is executed.  The application setup state in which
-the application implicitly is on the module level.  It starts when the
-:class:`Flask` object is instantiated, and it implicitly ends when the
-first request comes in.  While the application is in this state a few
-assumptions are true:
+One of the design ideas behind Flask is that there are at least two 
+different “states” in which code is executed:
+
+1. The application setup state, in which the application implicitly is 
+on the module level.  
+
+This state starts when the :class:`Flask` object is instantiated, and 
+it implicitly ends when the first request comes in.  While the 
+application is in this state, a few assumptions are true:
 
 -   the programmer can modify the application object safely.
 -   no request handling happened so far
@@ -18,18 +21,21 @@ assumptions are true:
     modify it, there is no magic proxy that can give you a reference to
     the application object you're currently creating or modifying.
 
-In contrast, during request handling, a couple of other rules exist:
+2. In contrast, in the request handling state, a couple of other rules 
+exist:
 
 -   while a request is active, the context local objects
     (:data:`flask.request` and others) point to the current request.
 -   any code can get hold of these objects at any time.
 
-There is a third state which is sitting in between a little bit.
+3. There is also a third state somewhere in between 'module-level' and 
+'request-handling':
+
 Sometimes you are dealing with an application in a way that is similar to
-how you interact with applications during request handling; just that there
-is no request active.  Consider, for instance, that you're sitting in an
-interactive Python shell and interacting with the application, or a
-command line application.
+how you interact with applications during request handling, but without 
+there being an active request.  Consider, for instance, that you're 
+sitting in an interactive Python shell and interacting with the 
+application, or a command line application.
 
 The application context is what powers the :data:`~flask.current_app`
 context local.