Blue screens pretty much explain themselves don't you think?
But the answer to your question (the question without the question mark after it, not the statement with the two question marks after it) is no.
Been there, done that. I feel your pain.
edit: To read the bsod, keep tapping F8 after the post screen and you should get a boot menu. Select the option "disable automatic restart on system failure". Then at least you can read the blue screen - it will hang there.
But you confuse me because you say it's a portable drive. Are you booting from it...?
