i remember something similar happened to me. baby was completely fine and wiggly and happy the entire time. on the other hand, i was not experiencing any pain with my bleeding but i will say everytime i tried to do #2, nothing but water-like blood would happen. it was horrifying! it ended up being just a fissure and the large amount of bleeding lasted for days, only happened when i used the bathroom though for #2, and didnt let up whatsoever until the last day! there was no tissue, clotting, or hemorrhoids. just straight dripping blood. i was fine though, didnt treat it and it went away after about 5 days on its own! i didnt have any other unusual symptoms with it though. but since you seem tense about it, you should contact a doctor to make sure all is well to ease your mind. i did not contact a doctor i was a little too embarassed. the only person who knew about it was my boyfriend at the time (now fiancee). im just glad it was coming out of the other area because if it was coming from where baby was supposed to come from, id definitely ring the doctor in a heartbeat.