1965 Mustang coupe
Sounds like coolant to me. You may have a leaking head gasket.
What are you using for coolant in the intercooler?Thanks for your input guys. I'll be taking her in for a check up this monday when she gets back from the bodyshop (I'm giving her the roush treatment ). I'll be curious to see what they find. I certainly hope it's not too big of a problem.