alright, i woke this morning with the whole gauze, vaseline, band-aid set-up.
the wrap was a little bloody but not too bad. i took off the wrap and it was stopped. weird thing was, i didn't see a scab. it just had stopped. must be a thin film scab on it.
i hopped in the shower and cleaned it well, got out and put some peroxide on it and some neosporin. i put a waterproof bandaid over it to help seal it.
thanks for the info everyone, interesting and useful stuff.
on a positive note, my trim job looks great.