1992 Oldsmobile Cutlass Blue Smoke

I can smell it, but i'ts not so much the smell as it is that I can see it. I bought the car not too long ago and it drives fine(except for maybe a problem in the front left tire). I noticed shortly after I purchased the cutlass that when I shut came to a stop or when I shut it off, that there was a blue tinted smoke coming from underneath the hood. When I opened the hood it seemed to be coming from somewhere around the engine. Now I can't for the life of me tell you exactly where it was originating from, but it almost looked as though it was coming more from the right side (drivers side) or the front of the engine. I've had a car before with a blown head gasket but i've never seen that.