My cat smells peculiar when he eats a certain canned food, almost musky, and the smell happens almost right away. Do you think this is diet-related?
So than do you think this discharge is vaginal? It could be vaginitis or a urinary tract infection and an antibiotic would therefore be needed, this could be causing her alot of discomfort and needs to be checked out by a Vet, who would do a swab of the fluid to see what exactly it is and if bacteria is present.
I really hope you can take her to a Vet clinic and have this looked after.
http://www.petplace.com/cats/vaginal-discharge-in-cats/page1.aspx