rebuilt turbo, anti-lock lights up and smokes comes out of exhuast

[BOOSTn20psi]

Ok, I've just installed a rebuilt big 16g. Took the car out for a day and have not drivin it pass 4k RPMs, car runs fine . This morning start up the car, a little blue smoke comes out then stops. After 2mins dark greyesh smoke comes out and doesn't seem to want to go away. After that, I went inside the car and the ant-lock light flashes on and off.
Can some one tell me whats going on.

My car does not smoke much like when head gasket blows but smoke comes out as much as when car is warming up in a very cold day.

Any help will be very apreciated.
Thanks

I'll try to post some pic of the smoke so people can see what it is.

 

[BOOSTn20psi]

Here are some pictures. The car was running for 15+ mins and I took it out around the block and the smoke stills not going away. Can coolant leak into the exhuast from the turbo?

 

[HellsSephiroth]

mine smokes blue when i hammer on it and let off quick... i think it could be the valves... maybe the same with yours?

 

[BOOSTn20psi]

But the color is not blue any more. Its like greyesh white. What does this mean? My car stills runs really smooth and turbo still making its boost @ 11psi.
But car has a hard start up. I had to crank it like 4-5 times for it to start in the morning. The dam 255 unwire seems to not want to function in the morning.

My vaccum is at 20psi at idling and when I initalized and took out the SAFC2, car idles like crap. Idles below 700 RPM to 300 RPM back and forth. The vaccum gage read back and forth at 12 to 8.

I think time to sell the car.

 

[BOOSTn20psi]

Hey does anyone now where the brake booster is located. Vfaq saids that white smoke can be from leaking from brake booster.

Any good sites or pic.

Thanks


Any help!!!!!!!!!!!!!!!