Ethinyl estradiol is not the same as estradiol, so even though it has the same effects (building up lining, helps to mature follies, etc) it will not show up in your b/w e2 level. if your e2 is not rising, that means that your body thinks there's already too much e2 so it won't mature follies and you won't ovulate. That is what they mean by over-suppressed (it is the active ingredient in BCP). Not sure about the bleeding part, though. Usually p4 withdrawl is what causes AF; maybe that's what she means by it not being AF? Are they going to give you pro-vera to give you a real AF soon?