If you are running AMD's software to overclock in Windows take the software off, it is trash.
Enter BIOS and slowly bump up the speed manually, enter Windows and check to see if it is stable. If so, re-boot and bump the speed up a little more. Remember to increase voltage a little at around 3.8GHz, and slightly use more aggressive settings on the CPU MOSFITs, VTT and so on. Drop RAM speed or increase RAM timing a little with each step past 3.7GHz, just to make sure RAM is not the problem.
Once everything is stable at 4GHz enter BIOS and slowly increase RAM speed and reduce timing - slowly, entering Windows and check stability; do this until you are at the rated RAM speed.
I haven't adjusted any clocks, or even really tampered with the bios( because Im a newb) and Im not using any overclock software, really im just trying to get it to run full power out of the box . I did a bench mark test and it will run 4020, when I adjust it to full power in the catalyst control center. But if I leave it at full power it becomes unstable. Usually when I am gaming, that does it the fastest and it will blue screen after a short time. when I adjust it to 3/4 power in the catalyst control center it is stable. I just can't seem to get it stable at full power.
The CLOCK_WATCHDOG_TIMEOUT bug check has a value of 0x00000101. This indicates that an expected clock interrupt on a secondary processor, in a multi-processor system, was not received within the allocated interval.
This is a rare one. The only time I've ever seen this thrown is an underpowered CPU, or overheating. You generally get some other BSOD if its some other hardware problem.
So I'd check temps, voltages, and the like. If everything checks out, PSU/Motherboard are the most likely culprits.