ActionScript 3.0 :: Load Individual ChildNode Information Into From An XML File?

I have seven movieclips that I want to load individual ChildNode information into from an XML file. Is there a way to pass that XML info into individual MovieClips for each individaul ChildNode?
 
Here's the code I have so far.
  
var myXML:XML; 
var myLoader:URLLoader = new URLLoader();myLoader.load(new URLRequest("links.xml"));myLoader.addEventListener(Event.COMPLETE, processXML);function processXML(e:Event):void {myXML = new XML(e.target.data);trace(myXML.*);}