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puff of smoke 700 1989

my 1989 745ti automatic has developed a worrysome characteristic. sometimes, when i am on the highway, going about 60-70 mph. i will floor it to pass someone. at that time, the automatic will drop down a gear and out the back window i will see a brief puff of white smoke(?). is this a head gasket, or rings? is it likely to be terminal? this seems to happen more in the cold (even after a 10 minute warm-up) with engine speeds below 3500rpm.

please help






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New puff of smoke [700][1989]
posted by  someone claiming to be ehren gaag  on Tue Nov 21 05:44 CST 2000 >


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