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I have recently purchased a '91 740 Turbo, it was a one owner and meticulously maintained! I pulled the oil dipstick out recently to check the condition of the oil and found the end of the stick to look like it had been dipped in a chocolate milkshake! I assumed it was a blown head gasket. I drained the oil and it looked perfectly fine. I changed the oil and continued to drive the car for another week and looked at the dipstick again, another chocolate milkshake!! I put the car in the basement and decided to replace the head gasket. Again I drained the oil (after having changed it a week ago) and the oil looked perfect?? I am very confused. The milky substance seems to only be located in the dipstick tube, and not in the oil itself. How could this be? I am mechanically inclined, and have changed 4 cyl. head gaskets in the past (although never on a Volvo), but the quality of the oil being drained has me very confused! What could be causing this milky substance in the dipstick tube and not in the oil itself? Also, the motor does not and has not overheated, and shows no other typical signs of a bad head gasket. There is also no water or steam or any other type of irregular exhaust coming from the tailpipe. What is this mysterious milky substance in the dipstick tube? I will be very greatful for any helpful information I receive