[CHRIS DAMSCH]

Ouch, that hurts. Smoke is from the tires. The clutch never slipped its whole life (very happy with the way it performed). As Sid said one of the fingers had a nut sheered off and wasn't functioning properly. The pressure plate was cracked were all three fingers were attached. I ended up purchasing a whole new clutch kit. It should arrive in the next day or two.

Thanks all for the help